The Epstein Civil Violence Model and Endogenous Inequality

titleThe Epstein Civil Violence Model and Endogenous Inequality
start_date2023/10/06
schedule14h30-16h30
onlineno
location_infoSalle 1.1 en mode hybride
summaryEpstein will present his agent-based civil violence model, its counterintuitive results, several extensions, and the related Agent_Zero ‘parable’ of the Arab Spring. Economic hardship is central to the civil violence model, but is exogenous. An extremely elegant model of endogenous emergent inequality is the Boltzmann Economy. Following its MAXENT derivation, we show that the equilibrium Power Law distribution in not robust to minor redistributive departures from the trade rule, suggesting that, as equilibria, power law distributions of wealth, while ubiquitous, may be quite fragile.
responsiblesVignes, Berestycki, Nadal