ISSN: 1314-3344
+44-77-2385-9429
Ricardo Lopez-Ruiz, Elyas Shivanian, Saied Abbasband and Jose-Luis Lopez
A generalized continuous economic model is proposed for random markets. In this model, agents interact by pairs and exchange their money in a random way. A parameter controls the effectiveness of the transactions between the agents. We show in a rigorous way that this type of markets reach their asymptotic equilibrium on the exponential wealth distribution.