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physics.soc-ph2022★ 4 cited
Kinetic modeling of economic markets with heterogeneous saving propensities
Lijie Cui, Chuandong Lin
The lattice gas automaton (LGA) is proposed for a closed economic market of agents with heterogeneous saving interests. There are two procedures in the standard LGA, i.e., "propaga…
physics.soc-ph2020★ 10 cited
A simple and efficient kinetic model for wealth distribution with saving propensity effect: based on lattice gas automaton
Lijie Cui, Chuandong Lin
The dynamics of wealth distribution plays a critical role in the economic market, hence an understanding of its nonequilibrium statistical mechanics is of great importance to human…