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Kinetic models for the trading of goods
Wealth and income distributions kinetic models Boltzmann equation Fokker-Planck equation.
2012/9/14
In this paper we introduce kinetic equations for the evolution of the probability distribution of two goods among a huge population of agents.The leading idea is to describe the trading of these goods...
Kinetic models for socio-economic dynamics of speculative markets
kinetic models opinion formation stock market power laws
2010/10/21
In this paper we introduce a simple model for a financial market characterized by a single stock or good and an interplay between two different traders populations, chartists and fundamentalists, whi...
Kinetic models for wealth exchange on directed networks
Wealth distribution Pareto law kinetic theory asset exchange models networks
2010/10/29
We propose some kinetic models of wealth exchange and investigate their behavior on directed
networks though numerical simulations. We observe that network topology and directedness yields
a variety...