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The two-dimensional Inelastic Maxwell Model (IMM) is studied by numerical simulations. It is shown how the inelasticity of collisions together with the fluctuations of the number of collisions undergone by a particle lead to energy fluctuations. These fluctuations are associated to a shrinking...
Persistent link: https://www.econbiz.de/10010873380
In this paper, we analyse the response of music and book sales to an external field and a buyer herding. We distinguish endogenous and exogenous shocks. We focus on some case studies, whose data have been collected from ranking on amazon.com. We show that an ensemble of equivalent systems...
Persistent link: https://www.econbiz.de/10011059678
We study the formation of high-energy tails in a one-dimensional kinetic model for granular gases, the so-called Inelastic Maxwell Model. We introduce a time-discretized version of the stochastic process, and show that continuous time implies larger fluctuations of the particles energies. This...
Persistent link: https://www.econbiz.de/10010590186