Re:Rents in Megacities Can't Go Up Forever
by antisthenes on Thursday March 23, 2017 @11:00AM
(#13940289)
The problem is, as often in economics, defining the terms and building a model that approximates life. It's not as trivial as a sorting algorithm or a simple 1 parameter regression.
How do you define wealth concentration, for example? If your definition is flawed, you can throw out the entire model.
How do you define wealth concentration, for example? If your definition is flawed, you can throw out the entire model.