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Model 1C with Noise: Results…

June 27, 2011

With 100% noise the results after 5,000 iterations looks like this:However adding 50% noise into Model 1C produces quite a different result after 5,000 iterations:

In fact comparing the results with 50% noise to those with no noise one sees that the work, wage correspondence is actually better with noise than without… this is not only interesting, but actually encouraging… an open question is what threshold of noise is tolerable to the model…

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