6–9 Sept 2023
Maynooth University
Europe/Dublin timezone
FROM FOUNDATIONS TO FIELD THEORY + DOLAN FEST

Des Johnston - (Wealth) Condensation

8 Sept 2023, 15:00
40m
Library - ground floor (Maynooth University)

Library - ground floor

Maynooth University

Maynooth, Co. Kildare, W23 NX63
Seminar

Description

We discuss a simple statistical mechanical model - the "zeta-urn" model, which displays a real space condensation transition. In the model L (indistinguishable) balls are distributed amongst N boxes and L, N are sent to infinity at some fixed ratio. The weight $p(n)$ for having n balls in a box is $1/n^{\beta}$.
Since the simplicity of the model allows for explicit evaluation of the partition function and the order of the transition can be tuned by varying $\beta$, it provides a useful toy model for illustrating/testing various finite size scaling concepts.

We also cynically relabel some of the quantities of the model to get more mileage out of it as a (highly non-serious) model of wealth condensation in an economy composed entirely of (very) rich people.

Presentation materials

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