Class formation in a social network with asset exchange |
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| Authors: | Christian H Sanabria Montaña Rodrigo Huerta-Quintanilla |
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| Institution: | a Centro de Investigaciones y de Estudios Avanzados del Instituto Politécnico Nacional, Unidad Mérida, Departamento de Física Aplicada. Km 6 carretera antigua a progreso, Mérida, Yucatán, Mexicob Universidad Veracruzana, Departamento de Física, Facultad de Física e Inteligencia Artificial, Circuito G. Aguirre Beltran s/n, Zona Universitaria Xalapa, Veracruz, Mexico |
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| Abstract: | We study two kinds of economic exchanges, additive and multiplicative, in a system of N agents. The work is divided into two parts. In the first one, the agents are free to interact with each other. The system evolves to a Boltzmann-Gibbs distribution with additive exchange and condenses with a multiplicative one. If bankruptcy is introduced, both types of exchange lead to condensation. Condensation times have been studied. In the second part, the agents are placed in a social network. We analyze the behavior of wealth distributions in time, and the formation of economic classes is observed for certain values of network connectivity. |
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| Keywords: | Classes Formation Social Network Asset Exchange |
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