Money Exchange Model and a general Outlook
arXiv:physics/0505115 · doi:10.1016/j.physa.2005.04.038
Abstract
The Kinetic Gas Theory like two-agent money exchange models, recently introduced in the Econophysics of Wealth distributions, are revisited. The emergence of Boltzmann-Gibbs like distribution of individual money to Pareto's law in the tail of the distribution is examined in terms of 2x2 Transition matrix with a general and simple oulook. Some additional interesting results are also reported.
4 pages, 2 figures, to appear in Physica A
References in corpus (1)
Cited by in corpus (11)
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