139 research outputs found

    The statistical distribution of money and the rate of money transference

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    The distribution of money is analysed in connection with the Boltzmann distribution of energy in the degenerate states of molecules. Plots of the population density of income distribution for various countries are well reproduced by a Gamma function, confirming the validity of the statistical distribution at equilibrium. The equilibrium state is reached through pair wise money transference processes, independently of the shape of the initial distribution and also of the detailed nature of the money transactions between the economic agents.Comment: 15 pages plus 1 table plus 3 figure

    Dependence of Collision Lifetimes on Translational Energy

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    Collisional energy transfer at high temperatures from the biased walk model

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