Kinteic models of wealth distribution incorporating non-Maxwellian collision kernel and value function
Abstract
Abstract A kinetic model of wealth incorporating a non-Maxwellian collision kernel and a value function is investigated. The non-Maxwellian collision kernel describes the variable transaction frequency between agents, which is related to their wealth. A value function describing psychological characteristics is embedded into the interaction rules, and the resulting Boltzmann equation, incorporating the non-Maxwellian collision kernel, is used to analyze the evolutionary dynamics of wealth distribution.
Fields of Study & Subjects
Complex Systems and Time Series Analysis
Statistical Mechanics and Entropy
Economic Theory and Institutions
Publication details
- Journal / source
- Chinese Physics B
- Volume
- 35
- Issue
- 8
- Pages
- 080506–080506
- Publication date
- 27 January 2026