Kinteic models of wealth distribution incorporating non-Maxwellian collision kernel and value function
Xue Xia, Yuhan Zhang, Zhengwen Li
Aba Teachers University Southwestern University of Finance and Economics
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摘要与影响
A kinetic model of wealth incorporating a non-Maxwellian collision kernel and a value function is investigated. The non-Maxwellian collision kernel describes the variable transaction frequency between agents, which is related to their wealth. A value function describing psychological characteristics is embedded into the interaction rules, and the resulting Boltzmann equation, incorporating the non-Maxwellian collision kernel, is used to analyze the evolutionary dynamics of wealth distribution.
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学科主题
经济 / 管理Complex Systems and Time Series Analysis
Statistical Mechanics and Entropy · Economic Theory and Institutions
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