Inequality in an Agent-Based Model of Capitalism

This lecture from the Instituto de Física Interdisciplinar y Sistemas Complejos (IFISC) explores how agent-based modeling can be used to understand inequality dynamics within capitalist economic systems. Examine the mathematical and computational frameworks that simulate interactions between economic agents, revealing how wealth distribution patterns emerge over time. Learn about the key parameters that influence inequality measures and how these models can provide insights into potential policy interventions. The presentation offers a complex systems perspective on economic inequality, connecting theoretical models with real-world economic observations.