Literature DB >> 31499785

Multiple-interaction kinetic modeling of a virtual-item gambling economy.

Giuseppe Toscani1, Andrea Tosin2, Mattia Zanella2.   

Abstract

In recent years, there has been a proliferation of online gambling sites, which has made gambling more accessible with a consequent rise in related problems, such as addiction. Hence, the analysis of the gambling behavior at both the individual and the aggregate levels has become the object of several investigations. In this paper, resorting to classical methods of the kinetic theory, we describe the behavior of a multiagent system of gamblers participating in lottery-type games on a virtual-item gambling market. The comparison with previous, often empirical, results highlights the ability of the kinetic approach to explain how the simple microscopic rules of a gambling-type game produce complex collective trends, which might be difficult to interpret precisely by looking only at the available data.

Year:  2019        PMID: 31499785     DOI: 10.1103/PhysRevE.100.012308

Source DB:  PubMed          Journal:  Phys Rev E        ISSN: 2470-0045            Impact factor:   2.529


  2 in total

1.  Network Structured Kinetic Models of Social Interactions.

Authors:  Martin Burger
Journal:  Vietnam J Math       Date:  2021-05-18

2.  Online Gambling of Pure Chance: Wager Distribution, Risk Attitude, and Anomalous Diffusion.

Authors:  Xiangwen Wang; Michel Pleimling
Journal:  Sci Rep       Date:  2019-10-11       Impact factor: 4.379

  2 in total

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