Re:Economics Simulation
by dragonwriter on Monday January 25, 2016 @01:10AM
(#10965854)
Most post-Smith economics -- certainly everything in the market to tradition, classical or otherwise -- views normal transactions as net positive (and positive for each voluntary participant), not zero-sum.
But there's no reason to assume the degree of benefit is the same for each participant, and intuitively I think a more realistic net-positivr transaction rule with the gain randomly distributed would have distributionally similar results.
But there's no reason to assume the degree of benefit is the same for each participant, and intuitively I think a more realistic net-positivr transaction rule with the gain randomly distributed would have distributionally similar results.