We investigate a Boltzmann equation for inelastic scattering in which the r
elative velocity in the collision frequency is approximated by the thermal
speed, The inelasticity is given by a velocity variable restitution coeffic
ient. This equation is the analog to the Boltzmann classical equation for M
axwellian molecules We study the homogeneous regime using Fourier analysis
methods. We analyze the existence and uniqueness questions. the linearized
operator around the Dirac delta function, self-similar solutions and moment
equations. We clarify the conditions under which self-similar solutions de
scribe the asymptotic behavior of the homogeneous equation. We obtain forma
lly a hydrodynamic description for near elastic particles under the assumpt
ion of constant and variable restitution coefficient. We describe the linea
r long-wave stability/ instability for homogeneous cooling states.