Kinetic models for goods exchange in a multi-agent market

DOI10.1016/j.physa.2018.02.070OpenAlexW2759245218MaRDI QIDQ2150366

Carlo Brugna, Giuseppe Toscani

Publication date: 27 June 2022

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1709.09495

zbMATH Keywords

Boltzmann equationkinetic modelswealth and income distributions

Mathematics Subject Classification ID

Statistical mechanics, structure of matter (82-XX)

Related Items (6)

Swarms dynamics approach to behavioral economy: theoretical tools and price sequences ⋮ Kinetic modelling of multiple interactions in socio-economic systems ⋮ A kinetic description of individual wealth growth and control ⋮ Investigations to the price evolutions of goods exchange with CES utility functions ⋮ On the interaction between soft and hard sciences: the role of mathematical sciences. Looking ahead to research perspectives ⋮ Optimal control about multi-agent wealth exchange and decision-making competence

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• An introduction to Monte Carlo method for the Boltzmann equation
• Wealth distribution and collective knowledge: a Boltzmann approach
• VOLATILITY CLUSTERING IN FINANCIAL MARKETS: A MICROSIMULATION OF INTERACTING AGENTS

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