- Comment
- Reblog
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Politics and the economy
A blog (primarily) on Canadian and Commonwealth political history and institutions
Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Researching the House of Commons, 1832-1868
Articles and research from the History of Parliament Trust
Reflections on books and art
Posts on the History of Law, Crime, and Justice
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Exploring the Monarchs of Europe
Cutting edge science you can dice with
Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Restraining Government in America and Around the World
Utopia, you are standing in it! 
Oct 22, 2014 @ 10:10:58
I like to describe The Theory of Games and Economic Behavior as the most impressive failure of the 20th century. Von Neumann, arguably one of the most brilliant men of the century, found a solution to the problem of two person fixed sum games and spent the rest of the book on an unsuccessful attempt to solve the general problem of strategic behavior. Various people since then have contributed occasional interesting ideas, but nobody has actually succeeded in the project at which he failed.
LikeLike
Oct 22, 2014 @ 15:36:38
Thanks David, I find game theory to be very good at talking about particular strategic problems.
I’m a great fan of Tom Schelling.
His writings in the early 1960s on strategy and conflict and the arms race are great because they are not particularly mathematical but nut out in great detail the specific problem without losing the ability to use intuition to make those leaps in insight that mathematics does not offer.
Tom Schelling was also greater that using examples from history to illustrate his game theory propositions about how the strategies he discussed were used with varying degrees of success in military and political strategy.
I also acknowledge that Sam Peltzman made some devastating criticisms of the use of game theory in the handbook of industrial organisation.
LikeLike
Oct 25, 2015 @ 02:48:42
Excuse me, could you tell me from where this quote is taken? Is it form a specific book?
LikeLike
Oct 25, 2015 @ 02:49:41
Excuse me, could you tell me where this quote is taken from for citing purposes? Thank you in advance!
LikeLike