Kinetic exchange models: From molecular physics to social science

Marco Patriarca and Anirban Chakraborti

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Abstract: We discuss several multi-agent models that have their origin in the kinetic exchange theory of statistical mechanics and have been recently applied to a variety of problems in the social sciences. This class of models can be easily adapted for simulations in areas other than physics, such as the modeling of income and wealth distributions in economics and opinion dynamics in sociology.

Date: 2013-05, Revised 2013-06
New Economics Papers: this item is included in nep-cmp, nep-cwa, nep-evo and nep-hme
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1305.0768

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