Tag Archives: yard-sale model
Can we ‘redistribute’ prestige?
Pudding.cool has a good visual essay on the yard-sale model of economics, which shows that wealth has a tendency to accumulate more in the hands of people who are already wealthier. This is because a richer person has more opportunities … Continue reading
Posted in Analysis, Science
Tagged affirmative action, Brian Skinner, econophysics, prestige bias, wealth redistribution, yard-sale model
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