From the binomial reshuffling model to Poisson distribution of money

DOI10.3934/NHM.2024002MaRDI QIDQ6572215zbMATH OpenFDO

Authors Fei Cao, Nicholas F. Marshall

Publication date 15 July 2024

Published in Networks and Heterogeneous Media (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3934/NHM.2024002

zbMATH Keywords

agent-based modelcouplingeconophysicsMarkov chainmean-field limitWasserstein metric

Mathematics Subject Classification ID

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

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• scientific article; zbMATH DE number 3892344 (Why is no real title available?)
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• Rigorous results for the distribution of money on connected graphs
• Rigorous results for the distribution of money on connected graphs (models with debts)
• Uncovering a Two-Phase Dynamics from a Dollar Exchange Model with Bank and Debt

Cited in

(9)

• Uncovering a Two-Phase Dynamics from a Dollar Exchange Model with Bank and Debt
• Entropy dissipation and propagation of chaos for the uniform reshuffling model
• From interacting agents to Boltzmann-Gibbs distribution of money
• Mixing of the symmetric beta-binomial splitting process on arbitrary graphs
• Quantitative convergence guarantees for the mean-field dispersion process
• A biased dollar exchange model involving bank and debt with discontinuous equilibrium
• Sticky dispersion on the complete graph: a kinetic approach
• Fractal opinions among interacting agents
• Uniform propagation of chaos for a dollar exchange econophysics model

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