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arXiv · 1005.5006

Boltzmann legacy and wealth distribution

Giuseppe Toscani
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Abstract

We 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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Giuseppe Toscani. 2010-05-27. Boltzmann legacy and wealth distribution. https://arxiv.org/abs/1005.5006

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