Kinetic exchange models for income and wealth distributions

A Chatterjee, BK Chakrabarti - The European Physical Journal B, 2007 - Springer
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 …

Kinetic equations modelling wealth redistribution: a comparison of approaches

B Düring, D Matthes, G Toscani - … Review E—Statistical, Nonlinear, and Soft …, 2008 - APS
Kinetic equations modelling the redistribution of wealth in simple market economies is one
of the major topics in the field of econophysics. We present a unifying approach to the …

Hydrodynamics from kinetic models of conservative economies

B Düring, G Toscani - Physica A: Statistical Mechanics and its Applications, 2007 - Elsevier
In this paper, we introduce and discuss the passage to hydrodynamic equations for kinetic
models of conservative economies, in which the density of wealth depends on additional …

A Boltzmann-type approach to the formation of wealth distribution curves

B Düring, D Matthes, G Toscani - Available at SSRN 1281404, 2008 - papers.ssrn.com
Kinetic market models have been proposed recently to account for the redistribution of
wealth in simple market economies. These models allow to develop a qualitative theory …

MicroVelocity: rethinking the Velocity of Money for digital currencies

C Campajola, M D'Errico, CJ Tessone - arXiv preprint arXiv:2201.13416, 2022 - arxiv.org
We propose a novel framework to analyse the velocity of money in terms of the contribution
(MicroVelocity) of each individual agent, and to uncover the distributional determinants of …

[HTML][HTML] Money creation and circulation in a credit economy

W Xiong, H Fu, Y Wang - Physica A: Statistical Mechanics and its …, 2017 - Elsevier
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 …

How required reserve ratio affects distribution and velocity of money

N Xi, N Ding, Y Wang - Physica A: Statistical mechanics and its applications, 2005 - Elsevier
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 …

International and domestic trading and wealth distribution

B During, G Toscani - 2008 - projecteuclid.org
We introduce and discuss a kinetic model for wealth distribution in a simple market economy
which is built of a number of countries or social groups. Our approach is based on the model …

Simulating the wealth distribution with a Richest-Following strategy on scale-free network

MB Hu, R Jiang, QS Wu, YH Wu - Physica A: Statistical Mechanics and its …, 2007 - Elsevier
In this paper, we investigate the wealth distribution with agents playing evolutionary games
on a scale-free social network adopting the Richest-Following strategy. Pareto's power-law …

A unified framework for the pareto law and Matthew effect using scale-free networks

MB Hu, WX Wang, R Jiang, QS Wu, BH Wang… - The European Physical …, 2006 - Springer
We investigate the accumulated wealth distribution by adopting evolutionary games taking
place on scale-free networks. The system self-organizes to a critical Pareto distribution …