A generalized continuous model for random markets

López-Ruiz, R (Universidad de Zaragoza) ; Shivanian, E: Abbasbandy, S ; López, JL.

Resumen: A generalized continuous economic model is proposed for random markets. In this model, agents interact by pairs and exchange their money in a random way. A parameter controls the effectiveness of the transactions between the agents. We show in a rigorous way that this type of markets reach their asymptotic equilibrium on the exponential wealth distribution.

Idioma: Inglés

Año: 2013

Publicado en: Mathematica Aeterna 3, 4 (2013), 317-328
ISSN: 1314-3336

Tipo y forma: Article (Published version)

Área (Departamento): Área Ciencia Comput.Intelig.Ar (Dpto. Informát.Ingenie.Sistms.)