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Wikipedia

Asset exchange model

In econophysics, asset exchange models (AEM) are models that simulate how wealth is distributed through asset transactions. AEMs illustrate inequality as an emergent property of systems of stochastically interacting agents.

List of models There are several models including Additive asset exchange, Multiplicative asset exchange, Yard-sale model, and Bennati-Dragulescu-Yakovenko (BDY) game.

See also Kinetic exchange models of markets

References

Tags

  • Distribution of wealth
  • Economic inequality
  • Economics and finance stubs
  • Economics models
  • Tax policy
  • Wealth concentration