Fischer, Robert; Braun, Dieter - In: Physica A: Statistical Mechanics and its Applications 321 (2003) 3, pp. 605-618
We analyze a monetary system of random money transfer on the basis of double entry bookkeeping. Without boundary conditions, we do not reach a price equilibrium and violate text-book formulas of economist's quantity theory (MV=PQ). To match the resulting quantity of money with the model...