Exponential wealth distribution in a random market. A rigorous explanation
AbstractIn simulations of some economic gas-like models, the asymptotic regime shows an exponential wealth distribution, independently of the initial wealth distribution given to the system. The appearance of this statistical equilibrium for this type of gas-like models is explained in a rigorous analytical way.
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Bibliographic InfoPaper provided by arXiv.org in its series Papers with number 1103.5703.
Date of creation: Mar 2011
Date of revision: May 2011
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Web page: http://arxiv.org/
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-09 (All new papers)
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