Update Economics.ipynb

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Peter Norvig 2017-06-26 18:49:44 -07:00 committed by GitHub
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"source": [
"This is a simulation of an economic marketplace in which there is a *population* of actors, each of which has a level of wealth. On each time step two actors (chosen by an *interaction function*) engage in a transaction that exchanges wealth between them (according to a *transaction function*). The idea is to understand the evolution of the population's wealth over time. I heard about the problem when I visited the Bard College Computer Science Department. \n",
"\n",
"<img src=\"money.png\" width=200>\n",
"![](http://norvig.com/ipython/money.png)\n",
"\n",
"Why is this interesting? \n",
"- It is an example of using simulation to model the world. The model is simple but captures some aspects of a complex world.\n",