| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 978775 | Physica A: Statistical Mechanics and its Applications | 2008 | 6 Pages |
Abstract
We examine the concept of relaxation in the wealth exchange models that are recently proposed in econophysics to interpret wealth distributions. To quantify and characterize the process of relaxation, we define an appropriate quantity and evaluate that numerically for the systems of many agents. Also, heuristic arguments are provided in support of some numerical results.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Abhijit Kar Gupta,