Boltzmann legacy and wealth distribution
AbstractWe briefly review results on nonlinear kinetic equation of Boltzmann type which describe the evolution of wealth in a simple agents market. The mathematical structure of the underlying kinetic equations allows to use well-known techniques of wide use in kinetic theory of rarefied gases to obtain information on the process of relaxation to a stationary profile, as well as to identify simple interaction rules which are responsible of the formation of Pareto tails.
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Bibliographic InfoPaper provided by arXiv.org in its series Papers with number 1005.5006.
Date of creation: May 2010
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Web page: http://arxiv.org/
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-06-04 (All new papers)
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