Numerical Results

The table below shows the final numerical characteristics and indicators of inequality for each of the seven Chancy Islands. Click on the table to see a printable, full-screen version.

Table of numerical results for all 7 Chancy Islands

Table Notes

A yellow background indicates the input parameters that have changed from the previous column.

Flat Island has a tan background to indicate that it is different from the other islands since all households there have identical and uniform luck.

Skewed Island has a light violent background to indicate that, unlike the other islands in which all of the households have the same initial wealth of $250,000, the 500 households on Skewed Island have variable and widely skewed initial wealth that mimics the United States in 2016 as calculated in this spreadsheet.

Here are definitions of the main measures of wealth inequality.

Here is a list of inequality measures for Skewed Island in Year 0 for comparison to the results shown here for the other islands.

Below is a graph of Gini Coefficients for the 7 islands in Year 50, plus (in green) the Gini Coefficient for Skewed Island in Year 0 (which mimics the United States in 2016). Note that Flat Island has perfect equality, so its Gini Coefficient is 0.

Bar Graph of Gini Coeffincient after 50 Years on the 7 Chancy Islands

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