An Economic Model of Coupled Exponential Maps

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dc.creatorLopez-Ruiz, R.
dc.creatorGonzalez-Estevez, J.
dc.creatorCosenza, M. G.
dc.creatorSanchez, J. R.
dc.date2007-12-17
dc.date.accessioned2026-07-07T12:05:35Z
dc.date.available2026-07-07T12:05:35Z
dc.descriptionIn this work, an ensemble of economic interacting agents is considered. The agents are arranged in a linear array where only local couplings are allowed. The deterministic dynamics of each agent is given by a map. This map is expressed by two factors. The first one is a linear term that models the expansion of the agent's economy and that is controlled by the {\it growth capacity parameter}. The second one is an inhibition exponential term that is regulated by the {\it local environmental pressure}. Depending on the parameter setting, the system can display Pareto or Boltzmann-Gibbs behavior in the asymptotic dynamical regime. The regions of parameter space where the system exhibits one of these two statistical behaviors are delimited. Other properties of the system, such as the mean wealth, the standard deviation and the Gini coefficient, are also calculated.
dc.description3 pages, 1 figure ; Presented at NOMA'07 Conference, December 2007, Toulouse (France)
dc.identifierhttps://arxiv.org/abs/0712.2684
dc.identifierhttp://arxiv.org/abs/0712.2684
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/208414
dc.subjectGeneral Finance
dc.subjectMultiagent Systems
dc.subjectAdaptation and Self-Organizing Systems
dc.subjectPhysics and Society
dc.titleAn Economic Model of Coupled Exponential Maps
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