Exponential wealth distribution in a random market. A rigorous explanation
DOI10.1016/J.JMAA.2011.07.060zbMATH Open1232.91254OpenAlexW2963598541MaRDI QIDQ640959FDOQ640959
Authors: José L. López, Ricardo López-Ruiz, Xavier Calbet
Publication date: 21 October 2011
Published in: Journal of Mathematical Analysis and Applications (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jmaa.2011.07.060
Recommendations
Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Microeconomic theory (price theory and economic markets) (91B24) Welfare economics (91B15)
Cites Work
Cited In (11)
- In search of \(H\)-theorem for Ulam's redistribution of energy problem
- Random market models with an \(H\)-theorem
- Study of A model for the distribution of wealth
- Exponential wealth distribution : a new approach from functional iteration theory
- Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States
- The immediate exchange model: an analytical investigation
- Rigorous proof of the Boltzmann-Gibbs distribution of money on connected graphs
- Convergence to an exponential wealth distribution in a random market model
- Directed random market: the equilibrium distribution
- Statistical equilibrium wealth distributions in an exchange economy with stochastic preferences.
- Stochastic Maps, Wealth Distribution in Random Asset Exchange Models and the Marginal Utility of Relative Wealth
This page was built for publication: Exponential wealth distribution in a random market. A rigorous explanation
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q640959)