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Modeling Asymmetric Interactions in Economy
Mirosław Lachowicz, Henryk Leszczyński
Source abstract
We consider a general nonlinear kinetic type equation that can describe the time evolution of a variable related to an economical state of an individual agent of the system. We assume asymmetric interactions between the agents. We show that in a corresponding limit, it is asymptotically equivalent to a nonlinear inviscid Burgers type equation.
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