Numerical simulation of entropy growth for a nonlinear evolutionary model of random markets

DOI10.1155/2016/2726394zbMATH Open1354.91113OpenAlexW2545351232WikidataQ59122203 ScholiaQ59122203MaRDI QIDQ504755FDOQ504755

Authors: Mahdi Keshtkar, Hamidreza Navidi, Elyas Shivanian 

Publication date: 17 January 2017

Published in: Advances in Mathematical Physics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1155/2016/2726394

Recommendations

• Random market models with an \(H\)-theorem
• A generalized continuous model for random markets
• scientific article; zbMATH DE number 2096686
• Convergence to an exponential wealth distribution in a random market model
• An entropic framework for modeling economies

Mathematics Subject Classification ID

Applications of statistical and quantum mechanics to economics (econophysics) (91B80)

Cites Work

• Information Theory and Statistical Mechanics
• Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States

Cited In (2)

• A generalized continuous model for random markets
• Random market models with an \(H\)-theorem

This page was built for publication: Numerical simulation of entropy growth for a nonlinear evolutionary model of random markets

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q504755)