F. Guillermo wrote:
Here some cute numbers
Title Amazon.com sales Rank Approx Price
The Communist Manifesto 3,955 $5
The Road to Serfdom 866$8
Wealth of Nations 1,782 $9
Essential Works of Lenin
Alexander Tabarrok wrote:
... Furthermore as Robin pointed out
there was "a claimed strong correlation between where CHAT was given and
the earliest HIV cases. But this correlation is only described via some
maps. This cries out for a more formal statistical analysis..."
According to the
Does anyone know if anyone has held an "economist Olympics?" via one of these
games (e.g. Sim City)? It seems like it might be a fun tool for evaluating
policy proposals. For example, suppose two economists disagreed about the
effects of a given policy proposal. To resolve the issue, they
Let me second Bill's point. It's because decision heuristics are
usually so useful that we can be lulled into following them when doing
so is downright irrational!
Alex
--
Dr. Alexander Tabarrok
Vice President and Director of Research
The Independent Institute
100 Swan Way
Oakland, CA,
The article did grant that there
remains the strange puzzle of the coincidence in timing of the various
strands of AIDS all being transmitted from primates to humans within a
close period, which I suppose that Hooper will emphasize when backed
into a corner. The article suggests theories of
Regarding the exchange between W. Dickens and B. Caplan over decision heuristics:
__
I encourage you to browse, if you haven't, the following:
FAMA, EUGENE F., "Market Efficiency, Long-term Returns, and Behavioral Finance," The
Journal of Financial
I just read the series of correspondence considering the Xerox machine and
the usage of the term "Xerox" to refer to photocopying. Now the problem I
have does not have to do with the term but with the use of advertising by
providing a free product. Adobe acrobat and its free reader for pdf
William T. Dickens wrote:
The article did grant that there
remains the strange puzzle of the coincidence in timing of the various
strands of AIDS all being transmitted from primates to humans within a
close period, which I suppose that Hooper will emphasize when backed
into a corner. The
Sure, some important real world applications exist. But why is that
interesting? I would think that the interesting question is: what's the
*expected value* of the loss, averaging over situations of all
importance levels?
So would you argue that the interesting question about government
wait a second: you can only READ .pdf files if someone has MADE them first,
and to MAKE them you need to buy the full fledged product. the logic is that
by spreading the reader around for free you create demand. else it would be
a completely closed circuit. note, Microsoft offers a Word reader
Can such games model reality well enough to give interesting results?
Interesting to whom? To game players yes. For certain purposes there are useful models
that can help people understand how systems operate and predict outcomes.
Would economists agree on the meta-rules enough to agree to
Alexander Guerrero wrote:
Anyoneo who uses acrobat reader to read PDF documents, in the near future will
enjoy the need to reverse the proces, that is to convert PDF to word and other
way around. On leads to the other and you for Acrobat Destiller y Exchange and
get the reader "free".
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