Equal Opportunity Game is now over 3 years old and ...
Obviously, I have not attracted much attention to this address. If you find this little problem interesting, please, direct some of your friends here.
Below are the comments (except of the spam) which came in the 30 months or so since this address was set up. I also ask people to send a comment to email@example.com if they prefer that for some reason. That address is only for the "vote" on this "game".
And today I also add a new summary of the game.
We get 20 thousand ten-cent coins (only $2000 in the game) and collect a group of thousand people who want to play. Each person gets twenty coins.
Now the game starts. It has very simple rules: the players meet person to person, each pair puts all their money together and divide them in any equal opportunity way, for example by using dice, playing cards, small games, or just any guessing-game. Anything goes, as far as it does not favour the stronger, the weaker, the more beautiful or those with social problems: simply equal opportunity, indeed just. The only thing which is not recommended is to agree that "just" is fifty-fifty – then nobody can gain in the game.
After a while: we look at the "wealth distribution". How many people have zero to four coins,
how many have 5 to 9 coins, and so on, up to 20 to 24, .... 30 to 34, etc.
What will the distribution be? Other people have answered before you, here are some suggestions:
(A) On average people still have 20 coins each, some a little bit less, some a little bit more.
(B) Any reasonable amount is roughly equally probable
(C) most will become "poor", there is some middle class, and few rich
These three most often given answers are summarized in the sketch
(drawn as usual in newspapers)
Which is your answer? (A) (B) or (C) - or another suggestion?
Please use "Comments" or mail to firstname.lastname@example.org to tell us about your guess
The author said...
Labels: economics science physics game