• Title of article

    Pareto and Boltzmann–Gibbs behaviors in a deterministic multi-agent system

  • Author/Authors

    J. Gonz?lez-Estévez، نويسنده , , M.G. Cosenza، نويسنده , , R. L?pez-Ruiz، نويسنده , , J.R. S?nchez، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2008
  • Pages
    6
  • From page
    4637
  • To page
    4642
  • Abstract
    A deterministic system of interacting agents is considered as a model for economic dynamics. The dynamics of the system is described by a coupled map lattice with nearest neighbor interactions. The evolution of each agent results from the competition between two factors: the agent’s own tendency to grow and the environmental influence that moderates this growth. Depending on the values of the parameters that control these factors, the system can display Pareto or Boltzmann–Gibbs statistical behaviors in its asymptotic dynamical regime. The regions where these behaviors appear are calculated on the space of parameters of the system. Other statistical properties, such as the mean wealth, the standard deviation, and the Gini coefficient characterizing the degree of equity in the wealth distribution are also calculated.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2008
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    872636