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We consider a nonlinear kinetic equation of Boltzmann type, which takes into account the influence of conviction during the formation of opinion in a system of agents, which interact through the binary exchanges, introduced by Toscani [G. Toscani, Commun. Math. Sci. 4, 481 (2006)]. The original exchange mechanism, which is based on the human tendency to(More)
(Communicated by the associate editor name) ABSTRACT. We introduce and discuss a new kinetic system for a financial market composed by agents that may belong to two different trader populations, whose behavior determines the price dynamic of a certain stock. Our mesoscopic description is based on the microscopic Lux–Marchesi model [16, 17], and share(More)
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