2019-12-27

Python Simulated Coin Game for Experts

This is a Monte Carlo simulated Wealth Coin Game in Python3 with variations from: https://ergodicityeconomics.files.wordpress.com/2018/06/ergodicity_economics.pdf



You can choose probabilities and multiplicative or additive outcomes.
Generates random factors for variable number of players and rounds.
You can experiment changing tax and taxlimit, leverage and initial wealth for the same set of random data. Shows a lot of trajectory graph figures.






You need to install: python3, random, numpy, matplotlib - all free available for download from https://www.python.org/downloads/
Run with: "python3 foolRand64.py" ,
For a simple start accept all default values by pressing your return-key.
Click here to download:
foolRand64.py




What I learned using this model you can read in my paper in German:
Vorteile von Vermögenssteuern spielerisch erklärt