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The Price's law or Pareto principle

  1. pareto.py is the script for this. The other are not for pareto. So don't bother.
  2. A simple python visualization of the pareto principle.
  3. 10 people starts out with 10 dollars each.
  4. Each flips a coin, if heads he gives away 1 dollar, else gets one dollar from the other person.
  5. Everyone trades with everyone else in each turn this way.
  6. At the end almost 20% of the peole gets the 80% of the wealth of this environment.