Title of article :
Exponential wealth distribution in a random market. A rigorous explanation
Author/Authors :
Lَpez، نويسنده , , José-Luis and Lَpez-Ruiz، نويسنده , , Ricardo and Calbet، نويسنده , , Xavier، نويسنده ,
Issue Information :
دوهفته نامه با شماره پیاپی سال 2012
Abstract :
In simulations of some economic gas-like models, the asymptotic regime shows an exponential wealth distribution, independently of the initial wealth distribution given to the system. The appearance of this statistical equilibrium for this type of gas-like models is explained in a rigorous analytical way.
Keywords :
Fixed Point Theory , Functional analysis , Statistical equilibrium
Journal title :
Journal of Mathematical Analysis and Applications
Journal title :
Journal of Mathematical Analysis and Applications