Nonequilibrium statistical mechanics of money/energy exchange models

DOI10.1088/1751-8121/AD369BMaRDI QIDQ6561823zbMATHFDO

Authors Maggie Miao, Dmitrii E. Makarov, Kristian Blom

Publication date 25 June 2024

Published in Journal of Physics A: Mathematical and Theoretical (Search for Journal in Brave)

zbMATH Keywords

econophysicsPareto lawtransition paths

Mathematics Subject Classification ID

Applications of game theory (91A80) Applications of statistical and quantum mechanics to economics (econophysics) (91B80)

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Cites work

• A trade-investment model for distribution of wealth
• Conditional proof of the Boltzmann-Sinai ergodic hypothesis
• Derivation of wealth distributions from biased exchange of money
• Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States
• Finite-size effect and the components of multifractality in financial volatility
• Information Theory and Statistical Mechanics
• Markov Chains
• Nonequilibrium statistical mechanics
• On 1/ f noise and other distributions with long tails
• Proof of the Boltzmann-Sinai ergodic hypothesis for typical hard disk systems
• Reversibility and stochastic networks. With a new preface
• Rigorous proof of the Boltzmann-Gibbs distribution of money on connected graphs
• Rigorous results for the distribution of money on connected graphs
• Rigorous results for the distribution of money on connected graphs (models with debts)
• Zur Theorie der Markoffschen Ketten.

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