Kinetic Economies

Wan Ahmad Tajuddin Wan Abdullah and Sidiq Mohamad Khidzir
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Wan Ahmad Tajuddin Wan Abdullah: Universiti Malaya
Sidiq Mohamad Khidzir: Universiti Malaya

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Abstract: We study a minimalist kinetic model for economies. A system of agents with local trading rules display emergent demand behaviour. We examine the resulting wealth distribution to look for non-thermal behaviour. We compare and contrast this model with other similar models.

Date: 2007-10
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:0710.1139

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