Money Exchange Model and a general Outlook

Abhijit Kar Gupta

Papers from arXiv.org

Abstract: The Kinetic Gas Theory like two-agent money exchange models, recently introduced in the Econophysics of Wealth distributions, are revisited. The emergence of Boltzmann-Gibbs like distribution of individual money to Pareto's law in the tail of the distribution is examined in terms of 2x2 Transition matrix with a general and simple oulook. Some additional interesting results are also reported.

Date: 2005-05
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