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arXiv · physics/0505115

Money Exchange Model and a general Outlook

Abhijit Kar Gupta
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Abstract

The Kinetic Gas Theory like two-agent money exchange models, recently introduced in the Econophysics of Wealth distributions, are revisited. The emergence of Boltzmann-Gibbs like distribution of individual money to Pareto's law in the tail of the distribution is examined in terms of 2x2 Transition matrix with a general and simple oulook. Some additional interesting results are also reported.

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Abhijit Kar Gupta. 2005-05-17. Money Exchange Model and a general Outlook. https://doi.org/10.1016/j.physa.2005.04.038

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