The 80/20 Principle

You may also like...

3 Responses

  1. Interesting to see that the 80/20 principle still holds in our modern world. But I think one can argue that the balance of wealth is shifting to an increasingly small number of people, threatening the balance of what’s just and fair (if those things still truly exist).

  2. There have been a number of documented examples of the way in which legal systems tend toward power law and other similar extremely skewed distributions.

    The Web of the Law
    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=642863

    How Long is the Coastline of Law? Thoughts on the Fractal Nature of Legal Systems
    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=943509

    Reproduction of Hierarchy? A Social Network Analysis of the American Law Professoriate
    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1352656

    Hustle and Flow: A Social Network Analysis of the American Federal Judiciary
    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1103573

  3. Thomas Gibbons says:

    I also find the idea interesting in the context of property law. 20% of our theory covers 80% of what property is. The other 20% of what property is – the margins – requires 80% of our theoretical attention