Mechanisms leading to power-law size distributions: Part 3
Herbert Simon's rich-get-richer model. Simple. Powerful. Wrong.
Reheated slides on toast:
67M
; Last updated: 2025/10/28, 19:38:40
Freeze-dried snack slides:
9.4M
; Last updated: 2025/10/28, 19:36:59
Original slides as served in lectures:
67M
; Last updated: 2025/11/20, 08:32:25
Covered in these episode(s) and clip(s):
Episode 1: The OG rich-get-richer model (1:52:03)
Clip 1: Intro to Simon vs Mandebrot and the mechanism of rich-get-richerness (6:35)
Clip 2: Observations of Zipfery, 1910 on (12:13)
Clip 3: Herbert Simon #awesomeness (2:18)
Clip 4: Toy model of rich-get-richer (14:51)
Clip 5: Observations about our toy model (7:10)
Clip 6: Krugman's math woes (1:34)
Clip 7: We work through an analysis (14:37)
Clip 8: What we find: Micro-to-macro story and surprising agreement with reality (8:30)
Clip 9: An appraisal of catchphrases (3:53)
Clip 10: Simon's model recap (3:47)
Clip 11: First mover advantage (11:47)
Clip 12: Analysis of first moverness (5:33)
Clip 13: It's a pyramid scheme (3:20)
Clip 14: Rank variability is high (2:23)
Clip 15: Self-referential citation data (2:54)