A simple probabilistic approach of the yard-sale model

DOI10.1016/J.SPL.2016.01.012zbMath1382.91056OpenAlexW3122410976MaRDI QIDQ273772

Christophe Chorro

Publication date: 22 April 2016

Published in: Statistics \& Probability Letters (Search for Journal in Brave)

Full work available at URL: https://halshs.archives-ouvertes.fr/halshs-01222500/file/15062.pdf

zbMATH Keywords

wealth distributiondiffusion approximationsyard-sale modelimpact of taxation

Mathematics Subject Classification ID

Applications of game theory (91A80) Macroeconomic theory (monetary models, models of taxation) (91B64) Applications of stochastic analysis (to PDEs, etc.) (60H30)

Related Items (3)

The impact of randomness on the distribution of wealth: some economic aspects of the Wright-Fisher diffusion process ⋮ A tale of two (and more) altruists ⋮ Nonlinear redistribution of wealth from a stochastic approach

Cites Work

• An \(H\) theorem for Boltzmann's equation for the yard-sale model of asset exchange. The Gini coefficient as an \(H\) functional
• Some mathematical models from population genetics. École d'Été de Probabilités de Saint-Flour XXXIX-2009
• Instability and concentration in the distribution of wealth
• Stochastic Maps, Wealth Distribution in Random Asset Exchange Models and the Marginal Utility of Relative Wealth
• Unnamed Item
• Unnamed Item

This page was built for publication: A simple probabilistic approach of the yard-sale model