WHAT IS IT?
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This NetLogo simulation is aimed at
stimulating some thought about economics and weath distribution
The basic idea is this: there are a bunch of agents, each with a
certain amount of wealth. At each time step, each agent picks
another agent (at random) and gives that agent one "dollar".
The only other rule is that agents are not allowed to go into
debt. If they have no money, they just wait until someone
gives them a dollar, and they then proceed like everyone else.
HOW TO USE IT
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Each pass through the GO function represents one time step.
The histogram shows the number of agents having a given range of
wealth.
The applet requires Java 1.4.1 or higher to run. It will not run on Windows 95 or Mac OS 8 or 9. Mac users must have OS X 10.2.6 or higher and use a browser that supports Java 1.4 applets (Safari works, IE does not). On other operating systems, you may obtain the latest Java plugin from Sun's Java site.
created with NetLogo
view/download model file: Wealth.nlogo