Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
975965 | Physica A: Statistical Mechanics and its Applications | 2011 | 13 Pages |
Abstract
We study two kinds of economic exchanges, additive and multiplicative, in a system of N agents. The work is divided into two parts. In the first one, the agents are free to interact with each other. The system evolves to a Boltzmann-Gibbs distribution with additive exchange and condenses with a multiplicative one. If bankruptcy is introduced, both types of exchange lead to condensation. Condensation times have been studied. In the second part, the agents are placed in a social network. We analyze the behavior of wealth distributions in time, and the formation of economic classes is observed for certain values of network connectivity.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Christian H. Sanabria Montaña, Rodrigo Huerta-Quintanilla, Manuel RodrÃguez-Achach,