Bose-Einstein distribution of money in a free-market economy. II

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Published 4 February 2011 Europhysics Letters Association
, , Citation K. E. Kürten and F. V. Kusmartsev 2011 EPL 93 28003 DOI 10.1209/0295-5075/93/28003

0295-5075/93/2/28003

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.

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10.1209/0295-5075/93/28003