314 citations · 320 across the 3 of their papers we have counts for
3 papers
physics.soc-ph2010★ 4 cited
Wealth Distributions in Asset Exchange Models
P. L. Krapivsky, S. Redner
How do individuals accumulate wealth as they interact economically? We outline the consequences of a simple microscopic model in which repeated pairwise exchanges of assets between…
cond-mat.stat-mech1997★ 314 cited
Wealth Distributions in Models of Capital Exchange
S. Ispolatov, P. L. Krapivsky, S. Redner
A dynamical model of capital exchange is introduced in which a specified amount of capital is exchanged between two individuals when they meet. The resulting time dependent wealth…
cond-mat.stat-mech1997★ 2 cited
Ballistic Coalescence Model
S. Ispolatov, P. L. Krapivsky
We study statistical properties of a one dimensional infinite system of coalescing particles. Each particle moves with constant velocity towards its closest neighbor and me…