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In earlier work, we derived a nonlinear, nonlocal Fokker-Planck equation for the Yard-Sale Model of asset exchange. In the absence of redistribution, we showed that the Gini coefficient is a Lyapunov functional for this model, tending to one in the t
Externí odkaz:
http://arxiv.org/abs/1511.00770
In recent work, Boltzmann and Fokker-Planck equations were derived for the "Yard-Sale Model" of asset exchange. For the version of the model without redistribution, it was conjectured, based on numerical evidence, that the time-asymptotic state of th
Externí odkaz:
http://arxiv.org/abs/1412.7227
Autor:
Boghosian, Bruce M., Devitt-Lee, Adrian, Johnson, Merek, Li, Jie, Marcq, Jeremy A., Wang, Hongyan
Publikováno v:
In Physica A: Statistical Mechanics and its Applications 15 June 2017 476:15-37
Includes five subsections of supplementary material
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8be04ca8619915901860e3b1875e10ec
Publikováno v:
Philosophical Transactions of the Royal Society A: Mathematical, Physical & Engineering Sciences; 5/30/2022, Vol. 380 Issue 2224, p1-20, 20p
Akademický článek
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Publikováno v:
Journal of Statistical Physics. 161(6):1339-1350