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