Related papers: A Model for Economic Freedom on Mars
We investigate the prospects for the past or current existence of habitable conditions deep underneath the surfaces of the Moon and Mars as well as generic bound and free-floating extrasolar rocky objects. We construct a simple model that…
Exploration of Mars has been made possible using a series of landers, rovers and orbiters. The HiRise camera on the Mars Reconnaissance Orbiter (MRO) has captured high-resolution images covering large tracts of the surface. However, orbital…
The historical development of ground based astronomical telescopes leads us to expect that space-based astronomical telescopes will need to be operational for many decades. The exchange of scientific instruments in space will be a…
A dynamical model of capital exchange is introduced in which a specified amount of capital is exchanged between two individuals when they meet. The resulting time dependent wealth distributions are determined for a variety of exchange…
Carbon is one of the most essential elements to support a sustained human presence in space, and more immediately, several large-scale methalox-based transport systems will begin operating in the near future. This raises the question of…
A free-floating planet is a planetary-mass object that orbits around a non-stellar massive object (e.g. a brown dwarf) or around the Galactic Center. The presence of exomoons orbiting free-floating planets has been theoretically predicted…
The successes of previous and current Mars rovers have encouraged space agencies worldwide to pursue additional planetary exploration missions with more ambitious navigation goals. For example, NASA's planned Mars Sample Return mission will…
Exchange of resources among individual components of a system is fundamental to systems like a social network of humans and a network of cities and villages. For various reasons, the human society has come up with the notion of money as a…
A generalized continuous economic model is proposed for random markets. In this model, agents interact by pairs and exchange their money in a random way. A parameter controls the effectiveness of the transactions between the agents. We show…
Astronomy, often perceived as a distant or luxury science, holds immense potential as a driver for sustainable local socio-economic development. This paper explores how astronomy can create tangible benefits for communities through…
This paper presents a novel study on gas-like models for economic systems. The interacting agents and the amount of exchanged money at each trade are selected with different levels of randomness, from a purely random way to a more chaotic…
Many models of market dynamics make use of the idea of wealth exchanges among economic agents. A simple analogy compares the wealth in a society with the energy in a physical system, and the trade between agents to the energy exchange…
Asteroid mining has been proposed as an approach to complement Earth-based supplies of rare earth metals and supplying resources in space, such as water. However, existing studies on the economic viability of asteroid mining have remained…
Exploring planetary bodies with lower gravity, such as the moon and Mars, allows legged robots to utilize jumping as an efficient form of locomotion thus giving them a valuable advantage over traditional rovers for exploration. Motivated by…
Early Mars climate research has well-defined goals (Mars Exploration Program Analysis Group 2018). Achieving these goals requires geologists and climate modelers to coordinate. Coordination is easier if results are expressed in terms of…
As asteroid mining moves toward reality, the high bar to entering the business may limit participation and increase inequality, reducing or eliminating any benefit gained by marginalized people or developing nations. Consideration of…
The green area of economy is the key of healthy living. It is necessary to convene economic and ecologic framework to establish a market attentive to drastic reduction of emissions damaging our climate and landscapes in rural areas, to the…
We develop a method using parameterized linear equations to define trading mechanisms in market design models. Our method adeptly addresses challenges arising from factors such as complex endowments or coarse priorities, while offering…
A group of people wishes to use money to exchange goods efficiently over several time periods. However, there are disadvantages to using any of the goods as money, and in addition fiat money issued in the form of notes or coins will be…
The risk of a catastrophic or existential disaster for our civilization is increasing this century. A significant motivation for a near-term space settlement is the opportunity to safeguard civilization in the event of a planetary-scale…