Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Uhm, I see the problem here:

m = random.uniform(0, pot)

Once somebody wins a few games, he will fish "wealth" from a bigger and bigger pot, even if he plays against the poor. According to this, you just have to be rich to be even richer. However, your wealth per se doesn't affect your future wealth, this is clear, right?

Maybe this could be a poker game simulation. Certainly not an economics simulation.



"However, your wealth per se doesn't affect your future wealth, this is clear, right?"

No. Your current wealth is a very strong indicator of your future wealth, and indeed, your future income.


Actually, if a rich and a poor actor both compete for a pot, then the poor could take 80% and suddenly become the rich. This simulation doesn't track individuals, it only tracks the 1, 10, 25, 33, 50, 66, 75, 90, 99th percentiles after a number of simulations. The rich and poor are likely switching back and forth rapidly.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: