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Exploring Wealth Distribution Through Sugarscape

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Presentation on theme: "Exploring Wealth Distribution Through Sugarscape"— Presentation transcript:

1 Exploring Wealth Distribution Through Sugarscape
Jordan Albright

2 Purpose Analyze the wealth distribution of agents in Sugarscape over time Compare calculations with other studies Assess validity of project in scope of social science

3 Similar Studies An Agent-Based Model of Wealth Distribution
Impullitti and Rebmann, 2002 Studied sugarscape wealth distribution in context of classical and neo-classical economics Found it difficult to bridge model and reality in agent based modeling

4 Similar Studies (cont.)
Aligning Simulation Models: A Case Study and Results Axtell, Axelrod, Epstein, Cohen, 1996 Attempted to synthesize results from Sugarscape and Axelrod model Difficult to streamline results of models when given same initial conditions

5 Sugarscape Movement Vision Reproduction Death Sugar regrowth

6 Wealth Distribution Analysis
Lorenz Curve Proportion of distribution Line of perfect equality Basis for many other functions

7 Wealth Distribution Analysis
Gini coefficient Measure of inequality Ratio ranging from 0 to 1 Typical range of developed countries: .3 to .4

8 Wealth Distribution Analysis
Robin Hood/Hoover Index Max vertical distance from Lorenz curve to perfect distribution line Proportional to amount of wealth needed to be redistributed for equality

9 Results Comparison of results with Impullitti:
Gini coefficient in project: .4-.5 Gini coefficient in Impullitti: .3 to .33 Different rules for agents Different initial conditions No data for Robin Hood index More comparisons needed to validate results

10 3rd Quarter Plans Improve speed of program
Find more data for comparison Add rules for agents


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