5 citations · 8 across the 4 of their papers we have counts for
4 papers
Explicit decay rate for the Gini index in the repeated averaging model
Fei Cao
We investigate the repeated averaging model for money exchanges: two agents picked uniformly at random share half of their wealth to each other. It is intuitively convincing that a…
-averaging agent-based model: propagation of chaos and convergence to equilibrium
Fei Cao
The paper treats an agent-based model with averaging dynamics to which we refer as the K-averaging model. Broadly speaking, our model can be added to the growing list of dynamics e…
Derivation of wealth distributions from biased exchange of money
Fei Cao, Sebastien Motsch
In the manuscript, we are interested in using kinetic theory to better understand the time evolution of wealth distribution and their large scale behavior such as the evolution of…
Entropy dissipation and propagation of chaos for the uniform reshuffling model
Fei Cao, Pierre-Emmanuel Jabin, Sebastien Motsch
We investigate the uniform reshuffling model for money exchanges: two agents picked uniformly at random redistribute their dollars between them. This stochastic dynamics is of mean…