What the Boltzmann money game teaches us about statistical mechanics (and maybe economics)

Fuente: arXiv
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Autor principal: Makarov, Dmitrii E.
Formato: Preprint
Publicado: 2025
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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