News for hackers. Stuff that matters.
Re:Peter Norvig's Economic Simulation (2018) by notahacker on Saturday February 22, 2020 @06:01AM (#22390387)
Growth over a period of time isn't even strictly necessary for all trades to be positive sum anyway. A village economy where the basket maker trades the same number of baskets for the same amount of food every year may have a zero growth rate [assuming the baskets' lifespan is limited], but those trades are positive sum because the basket maker and the farmers using broken baskets would both be worse off if those trades didn't continue to take place.

There are no comments on this comment yet.