Increasingly, a huge amount of statistics have been gathered which clearly indicates that
income and wealth distributions in various countries or societies follow a robust pattern …

We analyze the large-time behavior of various kinetic models for the redistribution of wealth
in simple market economies introduced in the pertinent literature in recent years. As specific …

We analyze an ideal-gas-like model of a trading market with quenched random saving
factors for its agents and show that the steady state income (m) distribution P (m) in the …

This paper presents a multi-agent model describing the main mechanisms of money
creation and money circulation in a credit economy. Our special attention is paid to the role …

In this paper the dependence of wealth distribution and the velocity of money on the
required reserve ratio is examined based on a random transfer model of money and …

We propose some kinetic models of wealth exchange and investigate their behavior on
directed networks though numerical simulations. We observe that network topology and …

This study considered the conservation of money in a closed economic system. In such
system, the probability distribution of money is exponential, and similar to the Boltzmann …

Both money and debt are products of credit creation of banks. Money is always circulating
among traders by facilitating commodity transactions. In contrast, debt is created by …

In this paper, the dynamical process of money creation in a random exchange model with
debt is investigated. The money creation kinetics are analyzed by both the money-transfer …

We introduce preferential behavior into the study on statistical mechanics of money
circulation. The computer simulation results show that the preferential behavior can lead to …