Comments on recent studies of the dynamics and distribution of money
Peter Richmond,
Przemek Repetowicz,
Stefan Hutzler and
Ricardo Coelho
Physica A: Statistical Mechanics and its Applications, 2006, vol. 370, issue 1, 43-48
Abstract:
We review recent models aimed at understanding the distribution of money in society. Approaches based on generalizations of the approach of Lotka and Volterra are compared with agents models recently reported in the literature. Some limitations relating to recent models based on molecular analogies are discussed.
Date: 2006
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:370:y:2006:i:1:p:43-48
DOI: 10.1016/j.physa.2006.04.043
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