Viewing profile — arnold8020

Back in 2017, I was wondering about this in the context of the 80-20 rule, and believe I have a simple answer (posted to hacker news way back, https://news.ycombinator.com/item?id=…

Below is a repost, but fits very appropriately here, the results are very similar! The pdf pre-dates my small work on this, but you may find the simulation interesting, http://www.…

I believe that the situation is simpler and more powerful than what the article claims. Basically you need two things: 1) Some slight advantage 2) The network effect, that is, for …

I modified the simulation as follows: I allowed it to evolve for a single generation, enough time for the top 20% of the population to have 80% of the wealth. I now choose a random…

Interesting that you see it as 'winner takes all'. Wondering why you say that. The simulation can be run in various ways. When I run with rules: r1) Actors have normally distribute…

I was wondering about this in the context of the 80-20 rule, and believe I have a simple answer. Basically you need two things: 1) Some slight advantage 2) The network effect, that…

About a year ago, I asked similar questions about the 80-20 rule and income distributions. It seems that the simple explanation works surprisingly well. Simulate the following syst…