Related papers: Boltzmann legacy and wealth distribution
Firm growth process in the developing economies is known to produce divergence in their growth path giving rise to bimodality in the size distribution. Similar bimodality has been observed in wealth distribution as well. Here, we introduce…
We study a system of $N$ agents, whose wealth grows linearly, under the effect of stochastic resetting and interacting via a tax-like dynamics -- all agents donate a part of their wealth, which is, in turn, redistributed equally among all…
Generalized Lotka-Volterra (GLV) models extending the (70 year old) logistic equation to stochastic systems consisting of a multitude of competing auto-catalytic components lead to power distribution laws of the (100 year old) Pareto-Zipf…
The origin of the Boltzmann factor is revisited. An alternative derivation from the microcanonical picture is given. The Maxwellian distribution in a mono-dimensional ideal gas is obtained by following this insight. Other possible…
We present an agent-based model of microscopic wealth exchange in a dynamic network to study the topological features associated with economic inequality. The model evolves through two alternating processes, the conservative exchange of…
We show that the Boltzmann factor has a geometrical origin. Its derivation follows from the microcanonical picture. The Maxwell-Boltzmann distribution or the wealth distribution in human society are some direct applications of this new…
We study spatially non-homogeneous kinetic models for vehicular traffic flow. Classical formulations, as for instance the BGK equation, lead to unconditionally unstable solutions in the congested regime of traffic. We address this issue by…
A simplified relativistic kinetic theory for gases with internal degrees of freedom, based on a BGK-type collision term, is considered. First the Boltzmann equation is rewritten in tetrad form and then thermal coefficients are determined to…
Studies in the collective motility of organisms use a range of analytical approaches to formulate continuous kinetic models of collective dynamics from rules or equations describing agent interactions. However, the derivation of these…
The freeze out of particles from a layer of finite thickness is discussed in a phenomenological kinetic model. The proposed model, based on the Modified Boltzman Transport Equation, is Lorentz invariant and can be applied equally well for…
The one-dimensional deterministic economic model recently studied by Gonzalez-Estevez et al. [Physica A 387, 4367 (2008)] is considered on a two-dimensional square lattice with periodic boundary conditions. In this model, the evolution of…
We consider a kinetic equation describing evolution of a particle distribution function in a system with nonlinear wave-particle interactions (trappings into a resonance and nonlinear scatterings). We study properties of its solutions and…
A continuous variable changing between 0 and 1 is introduced to characterise contentment, or satisfaction with life, of an individual and an equation governing its evolution is postulated from analysis of several factors likely to affect…
In this work we use an inelastic scattering process of particles to propose a model able to reproduce the salient features of the wealth distribution in an economy by including taxes to each trading process and redistributing that collected…
The departure of a granular gas in the instable region of parameters from the initial homogeneous cooling state is studied. Results from Molecular Dynamics and from Direct Monte Carlo simulation of the Boltzmann equation are compared. It is…
It is shown, that the Boltzmann-like equations allow the formulation of a very general model for behavioral changes. This model takes into account spontaneous (or externally induced) behavioral changes and behavioral changes by pair…
We find the wealth distribution for an economic agent in the financial market, in analogy with standard derivation of generaliz Boltzman (Tsallis) factor in statistical mechanics. In this respect, Tsallis entropic index separates two…
This paper considers the ideal gas-like model of trading markets, where each individual is identified as a gas molecule that interacts with others trading in elastic or money-conservative collisions. Traditionally this model introduces…
This minicourse contains a description of recent results on the modelling of rarefied gases in weakly non equilibrium regimes, and the numerical methods used to approximate the resulting equations. Therefore this work focuses on BGK type…
In view of some persistent recent reports on a singular kind of growth of the world wealth inequality, where a finite (often handful) number of people tend to possess more than the wealth of the planet's 50\% population, we explore here if…