Kinetic models for wealth exchange on directed networks

Abstract

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 of interesting features in these models. The nature of asset distribution in such directed networks show varied results, the degree of asset inequality increased with the degree of disorder in the graphs.

6 pages, 5 figs, RevTeX4

References in corpus (7)

• Kinetic Exchange Models for Income and Wealth Distributions
• Generic features of the wealth distribution in ideal-gas-like markets
• Effects of network topology on wealth distributions
• A Unified Framework for the Pareto Law and Matthew Effect using Scale-Free Networks
• Ideal-gas like market models with savings: quenched and annealed cases
• Kinetic market models with single commodity having price fluctuations
• Emergence of Power Law in a Market with Mixed Models