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A kinetic inhomogeneous Boltzmann-type equation is proposed to model the dynamics of the number of agents in a large market depending on the estimated value of an asset and the rationality of the agents. The interaction rules take into…

偏微分方程分析 · 数学 2017-02-07 Bertram Düring , Ansgar Jüngel , Lara Trussardi

We propose a kinetic model to describe the dynamical evolution of wealth and knowledge in national and global markets, starting from a microscopic description of individual interactions. The model is built upon interaction rules that…

物理与社会 · 物理学 2026-02-24 Marzia Bisi , Martina Conte , Maria Groppi

In this paper we introduce kinetic equations for the evolution of the probability distribution of two goods among a huge population of agents. The leading idea is to describe the trading of these goods by means of some fundamental rules in…

综合金融 · 定量金融 2015-06-11 G. Toscani , C. Brugna , S. Demichelis

We introduce a class of new one-dimensional linear Fokker--Planck type equations describing the evolution in time of the wealth in a multi-agent society. The equations are obtained, via a standard limiting procedure, by introducing an…

偏微分方程分析 · 数学 2019-06-04 Giulia Furioli , Ada Pulvirenti , Elide Terraneo , Giuseppe Toscani

In this work, we examine a kinetic framework for modeling the time evolution of size distribution densities of two populations governed by predator-prey interactions. The model builds upon the classical Boltzmann-type equations, where the…

偏微分方程分析 · 数学 2025-11-27 Andrea Bondesan , Marco Menale , Giuseppe Toscani , Mattia Zanella

We propose and investigate general kinetic models %of Boltzmann type with transition probabilities that can describe the simultaneous change of multiple microscopic states of the interacting agents. These models can be applied to many…

数学物理 · 物理学 2023-02-23 Marzia Bisi , Nadia Loy

Bridging the gap between individual agent behavior and macroscopic societal patterns is a central challenge in the social sciences. In this work, we propose a solution to this problem via a kinetic theory formulation. We demonstrate that…

物理与社会 · 物理学 2025-11-13 Miguel A. Durán-Olivencia

We present a possible approach to measuring inequality in a system of coupled Fokker-Planck-type equations that describe the evolution of distribution densities for two populations interacting pairwise due to social and/or economic factors.…

综合金融 · 定量金融 2025-05-22 Marco Menale , Giuseppe Toscani

We introduce and discuss a nonlinear kinetic equation of Boltzmann type which describes the influence of knowledge in the evolution of wealth in a system of agents which interact through the binary trades introduced in Cordier, Pareschi,…

综合金融 · 定量金融 2015-06-18 Lorenzo Pareschi , Giuseppe Toscani

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…

统计力学 · 物理学 2009-10-31 Dirk Helbing

In this paper, we consider a simple kinetic model of economy involving both exchanges between agents and speculative trading. We show that the kinetic model admits non trivial quasi-stationary states with power law tails of Pareto type. In…

偏微分方程分析 · 数学 2009-11-10 Stephane Cordier , Lorenzo Pareschi , Giuseppe Toscani

We briefly review results on nonlinear kinetic equation of Boltzmann type which describe the evolution of wealth in a simple agents market. The mathematical structure of the underlying kinetic equations allows to use well-known techniques…

统计力学 · 物理学 2010-05-28 Giuseppe Toscani

We introduce a system of kinetic equations describing an exchange market consisting of two populations of agents (dealers and speculators) expressing the same preferences for two goods, but applying different strategies in their exchanges.…

综合金融 · 定量金融 2018-03-14 Carlo Brugna , Giuseppe Toscani

We introduce new kinetic equations modeling opinion dynamics inside a population of individuals, whose propensity to interact with each other is described by their level of social activity. We show that opinion polarization can arise among…

偏微分方程分析 · 数学 2025-11-27 Andrea Bondesan , Jacopo Borsotti

An important class of economic models involve agents whose wealth changes due to transactions with other agents. Several authors have pointed out an analogy with kinetic theory, which describes molecules whose momentum and energy changes…

物理与社会 · 物理学 2014-07-22 Bruce M. Boghosian

We introduce and discuss optimal control strategies for kinetic models for wealth distribution in a simple market economy, acting to minimize the variance of the wealth density among the population. Our analysis is based on a finite time…

物理与社会 · 物理学 2018-10-25 Bertram Düring , Lorenzo Pareschi , Giuseppe Toscani

Various multi-agent models of wealth distributions defined by microscopic laws regulating the trades, with or without a saving criterion, are reviewed. We discuss and clarify the equilibrium properties of the model with constant global…

物理与社会 · 物理学 2013-03-19 Marco Patriarca , Anirban Chakraborti , Kimmo Kaski , Guido Germano

We introduce and discuss certain kinetic models of (continuous) opinion formation involving both exchange of opinion between individual agents and diffusion of information. We show conditions which ensure that the kinetic model reaches non…

数学物理 · 物理学 2007-05-23 G. Toscani

The so-called "Yard-Sale Model" of wealth distribution posits that wealth is transferred between economic agents as a result of transactions whose size is proportional to the wealth of the less wealthy agent. In recent work [B.M. Boghosian,…

综合金融 · 定量金融 2014-07-28 Bruce M. Boghosian

In this paper, we present a critical collection of essential mathematical tools and techniques for the analysis of Boltzmann-type kinetic equations, which in recent years have established themselves as a flexible and powerful paradigm to…

数学物理 · 物理学 2025-03-17 Nadia Loy , Andrea Tosin
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