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We discuss several multi-agent models that have their origin in the kinetic exchange theory of statistical mechanics and have been recently applied to a variety of problems in the social sciences. This class of models can be easily adapted…

Physics and Society · Physics 2013-06-18 Marco Patriarca , Anirban Chakraborti

In the manuscript, we are interested in using kinetic theory to better understand the time evolution of wealth distribution and their large scale behavior such as the evolution of inequality (e.g. Gini index). We investigate three type of…

Probability · Mathematics 2021-05-18 Fei Cao , Sebastien Motsch

Studies using massive, passively data collected from communication technologies have revealed many ubiquitous aspects of social networks, helping us understand and model social media, information diffusion, and organizational dynamics. More…

Physics and Society · Physics 2015-02-04 Jameson L. Toole , Carlos Herrera-Yague , Christian M. Schneider , Marta C. Gonzalez

In this paper, we propose a general analytical framework for information spreading in mobile networks based on a new performance metric, mobile conductance, which allows us to separate the details of mobility models from the study of mobile…

Social and Information Networks · Computer Science 2014-02-25 Huazi Zhang , Zhaoyang Zhang , Huaiyu Dai

Microscopic models describing a whole of economic interactions in a closed society are considered. The presence of a tax system combined with a redistribution process is taken into account, as well as the occurrence of tax evasion. In…

General Finance · Quantitative Finance 2017-01-11 M. L. Bertotti , G. Modanese

In terms of transfer entropy, we investigated the strength and the direction of information transfer in the US stock market. Through the directionality of the information transfer, the more influential company between the correlated ones…

Physics and Society · Physics 2008-12-02 Seung Ki Baek , Woo-Sung Jung , Okyu Kwon , Hie-Tae Moon

We introduce a cellular automaton model coupled with a transport equation for flows on graphs. The direction of the flow is described by a switching process where the switching probability dynamically changes according to the value of the…

Cellular Automata and Lattice Gases · Physics 2013-07-02 Pierre Degond , Michael Herty , Jian-Guo Liu

Human mobility has been traditionally studied using surveys that deliver snapshots of population displacement patterns. The growing accessibility to ICT information from portable digital media has recently opened the possibility of…

In this paper the dependence of wealth distribution and the velocity of money on the required reserve ratio is examined based on a random transfer model of money and computer simulations. A fractional reserve banking system is introduced to…

Physics and Society · Physics 2009-11-11 Ning Xi , Ning Ding , Yougui Wang

We study the effect of altruism in two simple asset exchange models: the yard sale model (winner gets a random fraction of the poorer player's wealth) and the theft and fraud model (winner gets a random fraction of the loser's wealth). We…

Physics and Society · Physics 2009-11-11 M. Rodriguez-Achach , R. Huerta-Quintanilla

Two kinetic exchange models are proposed to explore the dynamics of closed economic markets characterized by random exchanges, saving propensities, and collective transactions. Model I simulates a system where individual transactions occur…

Cellular Automata and Lattice Gases · Physics 2025-02-20 Chuandong Lin , Lijie Cui

We review some aspects, especially those we can tackle analytically, of a minimal model of closed economy analogous to the kinetic theory model of ideal gases where the agents exchange wealth amongst themselves such that the total wealth is…

Physics and Society · Physics 2010-10-27 Mehdi Lallouache , Aymen Jedidi , Anirban Chakraborti

Nowadays as the world population has become more interconnected and is relying on faster transportation methods, simplified connections and shorter commuting times, we witness a rapid increase in human mobility. In this situation unveiling…

Social and Information Networks · Computer Science 2017-06-13 Karim Keramat Jahromi

In this paper we analyze the rural-urban migration phenomena as it is usually observed in economies which are in the early stages of industrialization. The analysis is conducted by means of a statistical mechanics approach which builds a…

Computational Physics · Physics 2009-11-11 Jaylson J. Silveira , Aquino L. Espindola , T. J. P. Penna

In this paper, we study into the impact of the preference of an individual for public transport on the spread of infectious disease, through a quantity known as the public mobility. Our theoretical and numerical results based on a…

Physics and Society · Physics 2012-08-29 Jie Zhou , Ning Ning Chung , Lock Yue Chew , Choy Heng Lai

Income inequality and redistribution policies are modeled with a minimal, endogenous model of a simple foraging economy. Significant income inequalities emerge from the model for populations of equally capable individuals presented with…

Physics and Society · Physics 2024-11-21 John C. Stevenson

We develop a general framework, based on Boltzmann transport theory, to analyze the distribution of wealth in societies. Within this framework we derive the distribution function of wealth by using a two-party trading model for the poor…

Statistical Mechanics · Physics 2016-08-31 Arnab Das , Sudhakar Yarlagadda

It is highly believed that the individuals' mobility plays an important role in phase transition in animal collective motion. Here, we propose a model to study the effects of individuals' mobility in a distributed animal collective…

Physics and Society · Physics 2018-03-26 Feng Hu , Zhi Ting Wang , Fang Yang

We consider a simple model for active random walk with general temporal correlations, and investigate the shape of the probability distribution function of the displacement during a short time interval. We find that under certain conditions…

Statistical Mechanics · Physics 2020-01-06 Eial Teomy , Yael Roichman , Yair Shokef

The individual-based models constitute a set of widely implemented tools to analyze the incidence of individuals heterogeneities in the spread of an infectious disease. In this work we focus our attention on human contacts heterogeneities…

Populations and Evolution · Quantitative Biology 2011-04-27 A. D. Medus , C. O. Dorso