We propose a kinetic model to describe trade among different populations, living in different countries. The interaction rules are assumed depending on the trading propensity of each population and also on non-deterministic (random) effects. Moreover, the possible transfers of individuals from one country to another are also taken into account, by means of suitable Boltzmann-type operators. Consistent macroscopic equations for number density and mean wealth of each country are derived from the kinetic equations, and the effects of transfers on their equilibrium values are commented on. Finally, a suitable continuous trading limit is considered, leading to a simpler system of Fokker-Planck-type kinetic equations, with specific contributions accounting for transfers.This article is part of the theme issue 'Kinetic exchange models of societies and economies'.

Kinetic model for international trade allowing transfer of individuals / Bisi, M. - In: PHILOSOPHICAL TRANSACTIONS OF THE ROYAL SOCIETY OF LONDON SERIES A: MATHEMATICAL PHYSICAL AND ENGINEERING SCIENCES. - ISSN 1364-503X. - 380:2224(2022). [10.1098/rsta.2021.0156]

Kinetic model for international trade allowing transfer of individuals

Bisi, M
2022-01-01

Abstract

We propose a kinetic model to describe trade among different populations, living in different countries. The interaction rules are assumed depending on the trading propensity of each population and also on non-deterministic (random) effects. Moreover, the possible transfers of individuals from one country to another are also taken into account, by means of suitable Boltzmann-type operators. Consistent macroscopic equations for number density and mean wealth of each country are derived from the kinetic equations, and the effects of transfers on their equilibrium values are commented on. Finally, a suitable continuous trading limit is considered, leading to a simpler system of Fokker-Planck-type kinetic equations, with specific contributions accounting for transfers.This article is part of the theme issue 'Kinetic exchange models of societies and economies'.
2022
Kinetic model for international trade allowing transfer of individuals / Bisi, M. - In: PHILOSOPHICAL TRANSACTIONS OF THE ROYAL SOCIETY OF LONDON SERIES A: MATHEMATICAL PHYSICAL AND ENGINEERING SCIENCES. - ISSN 1364-503X. - 380:2224(2022). [10.1098/rsta.2021.0156]
File in questo prodotto:
File Dimensione Formato  
Bisi - Phil Trans R Soc A - 2022.pdf

solo utenti autorizzati

Tipologia: Versione (PDF) editoriale
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 275.81 kB
Formato Adobe PDF
275.81 kB Adobe PDF   Visualizza/Apri   Richiedi una copia
Bisi-PhilTransA-rev.pdf

accesso aperto

Tipologia: Documento in Post-print
Licenza: Creative commons
Dimensione 377.04 kB
Formato Adobe PDF
377.04 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11381/2927215
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 5
  • ???jsp.display-item.citation.isi??? 5
social impact