Re:Random computer simulation produces wealth distribution s...
by vannevar on Thursday March 01, 2018 @06:52PM
(#16497517)
True. But by virtue of Occam's Razor, we should prefer the random explanation, which doesn't require any deterministic rules.
If I walk into my kitchen and see a broken egg on the floor, it could have been left by a wayward chicken. But the simpler explanation is that my spouse broke an egg from the refrigerator. If I prove that my spouse was home and up before me this morning, I don't really need to disprove the chicken theory to reasonably believe the simpler explanation.
Re:Random computer simulation produces wealth distribution s...
by dang on Thursday March 01, 2018 @07:15PM
(#16497647)
OK, we've changed the title above to use your phrasing.
Re:Random computer simulation produces wealth distribution s...
by mbrodersen on Thursday March 01, 2018 @11:57PM
(#16499155)
What it does show is that even if there is a "more deterministic mechanism" then it doesn't perform better than random luck.
The study shows that a simulation where randomness plays a major role can produce similar wealth distribution to what's observed in the world. But that doesn't rule out a more deterministic mechanism.