Update Economics.ipynb
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"source": [
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"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",
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"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",
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"\n",
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"\n",
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"<img src=\"money.png\" width=200>\n",
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"\n",
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"Why is this interesting? \n",
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"Why is this interesting? \n",
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"- It is an example of using simulation to model the world. The model is simple but captures some aspects of a complex world.\n",
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"- It is an example of using simulation to model the world. The model is simple but captures some aspects of a complex world.\n",
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