From the binomial reshuffling model to Poisson distribution of money

F Cao, NF Marshall - arXiv preprint arXiv:2212.14388, 2022 - arxiv.org
We present a novel reshuffling exchange model and investigate its long time behavior. In
this model, two individuals are picked randomly, and their wealth $ X_i $ and $ X_j $ are …

Concentration and local smoothness of the averaging process

F Sau - Electronic Journal of Probability, 2024 - projecteuclid.org
We consider the averaging process on the discrete d-dimensional torus. On this graph, the
process is known to converge to equilibrium on diffusive timescales, not exhibiting cutoff. In …

Spectral gap of the symmetric inclusion process

S Kim, F Sau - The Annals of Applied Probability, 2024 - projecteuclid.org
We consider the symmetric inclusion process on a general finite graph. Our main result
establishes universal upper and lower bounds for the spectral gap of this interacting particle …

One-and two-particle spectral gap identities for the symmetric inclusion process and related models

S Kim, F Sau - arXiv preprint arXiv:2412.01489, 2024 - arxiv.org
The symmetric inclusion process (SIP) models particles diffusing on a graph with mutual
attraction. We recently showed that, in the log-concave regime (where diffusivity dominates …

Limiting distributions of generalized money exchange models

H Sakagawa - arXiv preprint arXiv:2501.02490, 2025 - arxiv.org
The" Money Exchange Model" is a type of agent-based simulation model used to study how
wealth distribution and inequality evolve through monetary exchanges between individuals …