Factors Impacting Money Distribution
Relatively efficient evolutionary trade systems were robust in reproducing a money distribution equal to a 0.5 Gini coefficient . This chapter explores the money distribution outcome when trade is inefficient in an evolutionary system. The factors introduced are the number of times an agent attempts trades in a given iteration (trade velocity) and how far the agent can detect price in the market.
KeywordsInequality Gini coefficient Market-sight Trade velocity Endogenous instability Agent-based models Toy Trader Netlogo Long-term price Short-term price
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