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View Poll Results: my pregame routine is
open a headsup table, sit down and wait for someone to find me 21 63.64%
peruse the opposition at HU tables, and only sit down vs known quantities that I think I can beat 6 18.18%
follow ring game villains to HU tables, or convince them to join me from a HU table 4 12.12%
something else 2 6.06%
Voters: 33. You may not vote on this poll

 
 
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Old 10-29-2006, 05:39 PM
hmkpoker hmkpoker is offline
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Default Which economy is best? (Part 3)

Earlier threads here. and here.


Assume that utility can be objectively measured, accurately. In the first situation, two fictional nations have their levels of utility measured by the top economic minds. They break the society into deciles based on the amount of personal utility that they have access to, and record the data in "utility points." The populations are identical in size, and the economic types (capitalist, socialist, communist, etc) are not mentioned.

The blue nation has a completely equal utility distribution. The red nation varies. It's lowest decile is less than the lowest decile of the blue, it's second lowest is equal, and everything after that is higher.

Which is best?


In the second situation, all deciles of the red nation are higher than all deciles of the blue nation. The blue nation maintains an equal but lower distribution of utility.

Which is best?

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