Asset exchange model

In econophysics, asset exchange models (AEM) are models that simulate how wealth is distributed through asset transactions.

AEMs illustrate inequality as an emergent property of systems of stochastically interacting agents.

List of models

There are a number of models:

• Additive asset exchange
• Multiplicative asset exchange
• Yard-sale model
• Bennati-Dragulescu-Yakovenko (BDY) game

See also

• Kinetic exchange models of markets

References