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It's also flawed in that most transactions increase the wealth of both parties. Even though wealth in this context includes non-monetary factors, (e.g. I excha
by yetanotherphd 13y ago
It's also flawed in that most transactions increase the wealth of both parties. Even though wealth in this context includes non-monetary factors, (e.g. I exchange my time for money), it still means that the interactions in the article (two people meet and one ends up with some proportion of the total money) are very unrealistic.
It might be a realistic simulation of professional poker players.