Wealth Distribution Involving Psychological Traits and Non-Maxwellian Collision Kernel

A kinetic exchange model is developed to investigate wealth distribution in a market. The model incorporates a value function that captures the agents’ psychological traits, governing their wealth allocation based on behavioral responses to perceived potential losses and returns. To account for the...

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Bibliographic Details
Main Authors: Daixin Wang, Shaoyong Lai
Format: Article
Language:English
Published: MDPI AG 2025-01-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/27/1/64
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