Title of article
Microeconomics of the ideal gas like market models
Author/Authors
Anindya S. Chakrabarti، نويسنده , , Bikas K. Chakrabarti and Muktish Acharyya، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2009
Pages
8
From page
4151
To page
4158
Abstract
We develop a framework based on microeconomic theory from which the ideal gas like market models can be addressed. A kinetic exchange model based on that framework is proposed and its distributional features have been studied by considering its moments. Next, we derive the moments of the CC model (Eur. Phys. J. B 17 (2000) 167) as well. Some precise solutions are obtained which conform with the solutions obtained earlier. Finally, an output market is introduced with global price determination in the model with some necessary modifications.
Journal title
Physica A Statistical Mechanics and its Applications
Serial Year
2009
Journal title
Physica A Statistical Mechanics and its Applications
Record number
873318
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