> Excellent, Colin!  Yeah, if you're not getting strange bugs, you should
> conclude this.

This seems to be the case: I've been working through the Tutorial, and only 
receiving the returns printed there.

>    > What are you using HOL Light in order to do?
> 
>    I'd like to code up an early auction theory result due to Vickrey
>    as a worked example for a PhD workshop I'm giving next month.
> 
> Sounds really cool!  Feel free to explain to us how proof assistants
> are going to help out with Economics.  

This is exactly what I'm trying to understand.  The obvious answer (or, 
perhaps, SPEC) is "they'll help in the same way that the help in mathematics 
more generally".

More specifically, as you've noted, social choice (e.g. Arrow's theorem) has 
had most of the attention so far due to the discrete maths involved.  Auction 
theory is two steps away, so should also largely use techniques that are quite 
amenable to formalisation.

Beyond this, I had started looking at HOL due to John's use of it at Intel: 
economists use econometric packages, and finance houses use trading or risk 
management packages that may contain a lot of infelicities - JP Morgan, for 
example, has blamed their recent 'London Whale' trading losses on change in 
their VaR ('value at risk') model.

> So you're the chairman of the
> Mathematical Finance Department of Economics University of Birmingham?

I'm the programme director for the MSc in Mathematical Finance, which is shared 
between Economics and Mathematics.  I'm an economist by training, but became 
interested in ATP/ITP through my co-author, Manfred Kerber, in Computer Science 
in Birmingham.

> I downloaded your paper
> http://www.springerlink.com/content/e47110g182480115/fulltext.pdf from
> your web page http://www.socscistaff.bham.ac.uk/rowat/ It looks
> interesting.  How does Theorema compare to HOL Light?  

Manfred and Wolfgang did the Theorema coding: Wolfgang is one of its 
developers, and is currently in the process of re-implementing it.

The most obvious superficial difference is that Theorema uses the Mathematica 
UI.  Thus, it is 'prettier', and can read more naturally, but requires 
Mathematica.  Beyond this, Theorema differs from HOL in terms of its 
strictness: external - possibly incorrect - theorems can be asserted rather 
than building only from a small, established ruleset; the input language is 
untyped.

Best,

Colin
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