Kinetic Economies
General Finance
2008-12-02 v1 Physics and Society
Abstract
We study a minimalist kinetic model for economies. A system of agents with local trading rules display emergent demand behaviour. We examine the resulting wealth distribution to look for non-thermal behaviour. We compare and contrast this model with other similar models.
Keywords
Cite
@article{arxiv.0710.1139,
title = {Kinetic Economies},
author = {Wan Ahmad Tajuddin Wan Abdullah and Sidiq Mohamad Khidzir},
journal= {arXiv preprint arXiv:0710.1139},
year = {2008}
}
Comments
Presented at the 10th Asia-Pacific Physics Conference, Pohang, South Korea, August 2007