Yard-Sale Model — Wealth Distribution

Econophysics: random pairwise exchange → oligarchy emergence

400
0.20
0.000
0.00
1000
Trades: 0
Gini:
Top 10%:
Top 1%:
Median/Mean:
Zeros:

Yard-sale: two agents bet min(w₁,w₂)·f; winner chosen 50/50. Without redistribution, wealth condenses: one agent owns all (Bouchaud-Mézard 2000). Tax+redistribution can stabilize inequality.