Numerical Simulation of Entropy Growth for a Nonlinear Evolutionary Model of Random Markets

In this communication, the generalized continuous economic model for random markets is revisited. In this model for random markets, agents trade by pairs and exchange their money in a random and conservative way. They display the exponential wealth distribution as asymptotic equilibrium, independent...

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Bibliographic Details
Main Authors: Mahdi Keshtkar, Hamidreza Navidi, Elyas Shivanian
Format: Article
Language:English
Published: Hindawi Limited 2016-01-01
Series:Advances in Mathematical Physics
Online Access:http://dx.doi.org/10.1155/2016/2726394