The whole experiment takes as a premise that merit doesn't matter (coin toss)... and arrives to the obvious conclusion that merit doesn't matter. Especially si

The whole experiment takes as a premise that merit doesn't matter (coin toss)... and arrives to the obvious conclusion that merit doesn't matter. Especially since, as someone indicates in another top level comment, the percentages are not even chosen properly, gambling on absolute money is a dumb choice, one should only gamble on log-money. So, a bunch of people making a dumb gamble with no merit involved produce a distribution. I don't understand why anybody at all cares about this - it's just garbage in, garbage out. The only real-world connection one could make is... don't play lottery, I guess? Oh wait I do understand why people care - that's because this "supports" a social conclusion they already pre-supposed.