Effects of saving and spending patterns on holding time distribution

被引:0
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作者
N. Ding
N. Xi
Y. Wang
机构
[1] Beijing Normal University,Department of Systems Science, School of Management
关键词
Time Distribution; Power Distribution; Spending Pattern; Spending Behavior; Saving Factor;
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学科分类号
摘要
The effects of saving and spending patterns on holding time distribution of money are investigated based on the ideal gas-like models. We show the steady-state distribution obeys an exponential law when the saving factor is set uniformly, and a power law when the saving factor is set diversely. The power distribution can also be obtained by proposing a new model where the preferential spending behavior is considered. The association of the distribution with the probability of money to be exchanged has also been discussed.
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页码:149 / 153
页数:4
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