On a Fokker-Planck equation for wealth distribution

DOI10.3934/krm.2018016zbMath1405.91180OpenAlexW2782922189MaRDI QIDQ1715932

Giuseppe Toscani, Marco Torregrossa

Publication date: 29 January 2019

Published in: Kinetic and Related Models (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/krm.2018016

zbMATH Keywords

wealth distributionFokker-Planck equationskinetic theorylarge-time behavior

Mathematics Subject Classification ID

Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Stochastic methods (Fokker-Planck, Langevin, etc.) applied to problems in time-dependent statistical mechanics (82C31) PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Heterogeneous agent models (91B69) Fokker-Planck equations (35Q84) Welfare economics (91B15)

Related Items (6)

One-dimensional Fokker-Planck equations and functional inequalities for heavy tailed densities ⋮ Concentration effects in a kinetic model with wealth and knowledge exchanges ⋮ Non-Maxwellian kinetic equations modeling the dynamics of wealth distribution ⋮ Optimal control about multi-agent wealth exchange and decision-making competence ⋮ Multiple patterns formation for an aggregation/diffusion predator-prey system ⋮ On a class of Fokker-Planck equations with subcritical confinement

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