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Title: Bose-Einstein distribution of money in a free-market economy. II
Authors: Kuerten, K.E.
Kusmartsev, F.V.
Issue Date: 2011
Publisher: IOP Publishing (© EPLA)
Citation: KUERTEN, K.E. and KUSMARTSEV, F.V., 2011. Bose-Einstein distribution of money in a free-market economy. II. EPL (Eurphysics Letters), 93 (2), pp.28003-1 - 28003-5.
Abstract: We argue about the application of methods of statistical mechanics to free economy (Kusmartsev F. V., Phys. Lett. A, 375 (2011) 966) and find that the most general distribution of money or income in a free-market economy has a general Bose-Einstein distribution form. Therewith the market is described by three parameters: temperature, chemical potential and the space dimensionality. Numerical simulations and a detailed analysis of a generic model confirm this finding.
Description: This article is closed access.
Version: Closed access
DOI: 10.1209/0295-5075/93/28003
URI: https://dspace.lboro.ac.uk/2134/12780
Publisher Link: http://dx.doi.org/10.1209/0295-5075/93/28003
ISSN: 0295-5075
Appears in Collections:Closed Access (Physics)

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