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| Format: | Preprint |
| Published: |
2025
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| Subjects: | |
| Online Access: | https://arxiv.org/abs/2507.22180 |
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| _version_ | 1866909711413018624 |
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| author | Makarov, Dmitrii E. |
| author_facet | Makarov, Dmitrii E. |
| contents | This note explains why a large class of fair, or reversible "money games", i.e., stochastic models of wealth redistribution among agents, lead to steady states described by canonical and microcanonical distributions. The games considered include, for example, ones where more than two agents can be simultaneously involved in money transfers (similarly to many-body collisions in chemical kinetics) and where amounts transferred between agents are random. At the same time, money games that break time reversal symmetry can also lead to the canonical/microcanonical distributions, as illustrated by an explicit example. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2507_22180 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | What the Boltzmann money game teaches us about statistical mechanics (and maybe economics) Makarov, Dmitrii E. Chemical Physics Statistical Mechanics This note explains why a large class of fair, or reversible "money games", i.e., stochastic models of wealth redistribution among agents, lead to steady states described by canonical and microcanonical distributions. The games considered include, for example, ones where more than two agents can be simultaneously involved in money transfers (similarly to many-body collisions in chemical kinetics) and where amounts transferred between agents are random. At the same time, money games that break time reversal symmetry can also lead to the canonical/microcanonical distributions, as illustrated by an explicit example. |
| title | What the Boltzmann money game teaches us about statistical mechanics (and maybe economics) |
| topic | Chemical Physics Statistical Mechanics |
| url | https://arxiv.org/abs/2507.22180 |