Kinetic Economies

Economy – Quantitative Finance – General Finance

Scientific paper

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Presented at the 10th Asia-Pacific Physics Conference, Pohang, South Korea, August 2007

Scientific paper

We study a minimalist kinetic model for economies. A system of agents with
local trading rules display emergent demand behaviour. We examine the resulting
wealth distribution to look for non-thermal behaviour. We compare and contrast
this model with other similar models.

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