Masaq Index
arXiv 2009-05-29 0 views

Class formation in a social network with asset exchange

Sanabria, Christian H. · Huerta-Quintanilla, R. · Rodriguez-Achach, M.

Original · EN

We study two kinds of economic exchange, additive and multiplicative, in a system of N agents. The work is divided in two parts, in the first one, the agents are free to interact with each other. The system evolves to a Boltzmann-Gibbs distribution with additive exchange and condenses with a multiplicative one. If bankruptcy is introduced, both types of exchange lead to condensation. Condensation times have been studied. In the second part, the agents are placed in a social network. We analyze the behavior of wealth distributions in time, and the formation of economic classes was observed for certain values of network connectivity.

English translation

This paper has no Arabic translation yet. Be the first: it takes a few seconds, and the result is stored for every future reader.

Security check

Type the characters above

Up to 10 translations per person per day.