The 1 Percent Rule: Why a Few People Get Most of the Rewards

Re:The 1 Percent Rule: Why a Few People Get Most of the Rewards by nathanvanfleet on Saturday May 06, 2017 @11:47AM (#14280741)

I love how the "80/20" rule gets stretched so often that in this article it talks about hyperdominate trees that take up 50% of the Amazon. So 80/20 can go anywhere form 99/1 to 50/50. What an interesting "pattern"

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Re:The 1 Percent Rule: Why a Few People Get Most of the Rewards by Noughmad on Saturday May 06, 2017 @05:10PM (#14282282)

You're reading the numbers wrong, there is no stretching. The 80/20 rule means that 80% of resources is controlled by 20% of participants. Applying the same ratio to subgroups, you also get that 1% of participants control about 50% of the resources, as for trees in Amazon. The 80/20 number is just nice and commonly used because it adds up to 100.

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Re:The 1 Percent Rule: Why a Few People Get Most of the Rewards by dropstickle on Saturday May 06, 2017 @01:18PM (#14281279)

It is an example of accumulative advantage, which the article author claims underpin the 80/20 rule.

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Re:The 1 Percent Rule: Why a Few People Get Most of the Rewards by anigbrowl on Saturday May 06, 2017 @12:17PM (#14280917)

But that's how things are in mathematics.

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