Models by ben

Models by ben

Updated
//Input parameters
prob_can_buy_galaxies_point_estimate = 3%
fraction_global_wealth_on_galaxies_low = 0.02%
fraction_global_wealth_on_galaxies_middle = 16%
fraction_global_wealth_on_galaxies_high = 100%
fraction_global_wealth_on_galaxies_loguniform = 10 ^ uniform(-3.7, 0) // Attempt at log-uniform distribution. See right pane for descriptive stats.
fraction_global_wealth_on_galaxies_lognormal = truncateRight(0.001 to 1, 1) //Log-normal distribution, truncated at 1. Increased lower bound to increase mean/median after truncation. See right pane for descriptive stats.
fraction_global_wealth_on_galaxies_beta = beta(0.3, 1) // Beta distribution (naturally bounded 0-1, but probably not shaped right) as alternative. See right pane for descriptive stats.

global_wealth = 878T