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We introduce a class of Kac-like kinetic equations on the real line, with general random collisional rules, which include as particular cases models for wealth redistribution in an agent-based market ...
Kinetic models for socio-economic dynamics of speculative markets
kinetic models opinion formation stock market power laws behavioral finance
2010/12/16
In this paper we introduce a simple model for a financial market characterized by a sin-
gle stock or good and an interplay between two different traders populations, chartists and
fundamentalists, ...
Self-similarity and power-like tails in nonconservative kinetic models
Granular gases overpopulated tails Boltzmann equation
2010/12/6
In this paper, we discuss the large–time behavior of solution of a simple kinetic model of Boltzmann–Maxwell type, such that the temperature is time decreasing and/or time increasing.