Anomalous diffusion in Gibbsian-breaking of wealth distributions

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Published: Aug 26, 2010
DOI: https://doi.org/10.22452/mjs.vol29no2.8

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Wan Abdullah W.A.T
Khidzir S.M.

Abstract

In a conservative system, energy equipartition results in a Boltzmann-Gibbs distribution. This is also expected in an ergodic kinetic economy if wealth is conserved. Empirical data however has shown the existence of a regime with a power law distribution. In models albeit with conservative wealth, we show that this arises due to anomalous diffusion.

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How to Cite
W.A.T, W. A., & S.M., K. (2010). Anomalous diffusion in Gibbsian-breaking of wealth distributions. Malaysian Journal of Science, 29(2), 167–173. https://doi.org/10.22452/mjs.vol29no2.8
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Vol. 29 No. 2 (2010)
Section
Original Articles

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