Kinetic exchange models of markets are a type of economic model that use concepts from statistical mechanics and kinetic theory to describe the behavior of markets through the interactions of agents. These models typically focus on how individual agents (such as traders or investors) make decisions about buying and selling based on their local information, interactions with other agents, and the aggregated effects of these interactions over time.

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  1. Statistical mechanics
  2. Applied probability
  3. Applied mathematics
  4. Fields of mathematics
  5. Mathematics
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