Propensity to spending of an average consumer over a brief period

  • Roberto De Luca
  • Marco Di Mauro
  • Angelo Falzarano
  • Adele Naddeo
Regular Article

DOI: 10.1140/epjb/e2016-70243-y

Cite this article as:
De Luca, R., Di Mauro, M., Falzarano, A. et al. Eur. Phys. J. B (2016) 89: 184. doi:10.1140/epjb/e2016-70243-y

Abstract

Understanding consumption dynamics and its impact on the whole economy and welfare within the present economic crisis is not an easy task. Indeed the level of consumer demand for different goods varies with the prices, consumer incomes and demographic factors. Furthermore crisis may trigger different behaviors which result in distortions and amplification effects. In the present work we propose a simple model to quantitatively describe the time evolution over a brief period of the amount of money an average consumer decides to spend, depending on his/her available budget. A simple hydrodynamical analog of the model is discussed. Finally, perspectives of this work are briefly outlined.

Keywords

Statistical and Nonlinear Physics 

Copyright information

© EDP Sciences, SIF, Springer-Verlag Berlin Heidelberg 2016

Authors and Affiliations

  • Roberto De Luca
    • 1
  • Marco Di Mauro
    • 1
  • Angelo Falzarano
    • 2
  • Adele Naddeo
    • 3
  1. 1.Dipartimento di Fisica E.R.Caianiello, Università di SalernoFiscianoItaly
  2. 2.Dipartimento di Scienze Economiche e Statistiche, Università di Napoli Federico IINapoliItaly
  3. 3.INFN Sezione di NapoliNapoliItaly

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