An extension of Little's law provides a relationship between the steady state distribution of number of customers in the system and time spent in the system under a first come, first served service discipline.
2.
A detailed discussion of such steady state distributions for these and related kinetic exchange models is provided in Econophysics of Income & Walth Distributions ( Chakrabarti et al ., Cambridge University Press, 2013 ) . " ( in p . 75; also pp . 40, 290 ).
3.
Millions of such conservative transactions lead to a steady state distribution of money ( gamma function-like in the " Chakraborti-Chakrabarti " model with uniform savings, in the " Chatterjee-Chakrabarti-Manna " model with distributed savings ) and the distribution converges to it.
4.
The book Guidance of an Enterprising Economy, MIT Press ( 2016 ) by Martin Shubik & E . Smith ( Economics, Yale University & Santa Fe Inst . ) noted : " It was shown in Chakraborti & Chakrabarti ( European Physical Journal B, 2000 ) that uniform saving propensity of the agents constrains the entropy maximizing dynamics in such a way that the distribution becomes gamma-like, while ( quenched ) nonuniform saving propensity of the agents leads to a steady state distribution with a Pareto-like power-law tail ( Chatterjee, Chakrabarti & Manna, Physica A, 2004 ).
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