Boltzmann legacy and wealth distribution

Details Boltzmann legacy and wealth distribution Boltzmann legacy and wealth distribution

2010-05-27

arxiv.org/abs/1005.5006v1

Physics

Condensed Matter

Statistical Mechanics

Scientific paper

We briefly review results on nonlinear kinetic equation of Boltzmann type which describe the evolution of wealth in a simple agents market. The mathematical structure of the underlying kinetic equations allows to use well-known techniques of wide use in kinetic theory of rarefied gases to obtain information on the process of relaxation to a stationary profile, as well as to identify simple interaction rules which are responsible of the formation of Pareto tails.

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