Peter Markowich

(University of Cambridge, UK & University of Vienna, Austria)

On PDE Models for (some) Socio-Economic Problems:

Price Formation, Opinion Formation and Crowd Modeling

We present and analyse partial differential equation models in the socio-economic sciences:

1) a highly nonstandard free boundary problem in price formation

2) a Boltzmann equation for opinion formation in human societies with strong leaders

3) a continuity equation with an eikonal field equation coupling.