Duality in an asset exchange model for wealth distribution.

Li, Jie.

Boghosian, Bruce M.


  • Asset exchange models are agent-based economic models with binary transactions. Previous investigations have augmented these models with mechanisms for wealth redistribution, quantified by a parameter , and for trading bias favoring wealthier agents, quantified by a parameter . By deriving and analyzing a Fokker-Planck equation for a particular asset exchange model thus augmented, it has been shown ... read more
This object is in collection Creator department Subject Permanent URL Citation
  • J. Li and B. M. Boghosian, "Duality in an asset exchange model for wealth distribution," Physica A: Statistical Mechanics and its Applications, vol. 497, pp. 154-165, May 2018. https://doi.org/10.1016/j.physa.2017.12.068.
To Cite:
TARC Citation Guide    EndNote
Detailed Rights