Final Stages of Planet Formation
  We address three questions regarding solar system planets. What determined their number? Why are their orbits nearly circular and coplanar? How long did they take to form? Runaway accretion in a disk of small bodies resulted in a tiny fraction of the bodies growing much larger than all the others. This was followed by oligarchic growth during which the big bodies maintained similar masses and uniformly spaced semi-major axes. We depart from standard treatments of planet formation by assuming that as the big bodies got bigger, the small ones got smaller as the result of undergoing a collisional fragmentation cascade. It follows that oligarchy was a brief stage in solar system evolution. When the oligarchs' surface mass density matched that of the small bodies, dynamical friction was no longer able to balance viscous stirring, so their velocity dispersion increased to the extent that their orbits crossed. This marked the end of oligarchy. What happened next differed in the inner and outer parts of the planetary system. In the inner part, where the ratios of the escape velocities from the surfaces of the planets to the escape velocities from their orbits are smaller than unity, big bodies collided and coalesced after their random velocities became comparable to their escape velocities. In the outer part, where these ratios are larger than unity, the random velocities of some of the big bodies continued to rise until they were ejected. In both parts, the number density of the big bodies eventually decreased to the extent that gravitational interactions among them no longer produced large scale chaos. After that their orbital eccentricities and inclinations were damped by dynamical friction from the remaining small bodies. The last and longest stage in planet formation was the clean up of small bodies. 
Peter Goldreich, Yoram Lithwick, Re'em Sari