I recently attended a history of economic thought conference in Toronto. Judy Klein,
who has unremarkable work about the overwhelming influence of military thought on
both economics and mathematics, has used the crude computers that military could in
its fighter craft during World War II as a way
Michael Perelman wrote:
I recently attended a history of economic thought conference in
Toronto. Judy Klein,
who has unremarkable work
I assume that sound recognition software's way of rendering done
remarkable work.
about the overwhelming influence of military thought on
both economics and
Right. Done remarkable work. The technology is wonderful when the user
is not careless.
Michael Perelman
Economics Department
California State University
Chico, CA
95929
-Original Message-
From: PEN-L list [mailto:[EMAIL PROTECTED] On Behalf Of Doug
Henwood
Sent: Wednesday, July 07,
Michael Pereleman writes: rational expectations comes directly out of the server
mechanisms that
the gunners used.
are you sure? the RatEx theory simply says that on average the expected value of a
number (say, the price level) equals the equilibrium value of that number, so that
P(expected) =
It is a fascinating story. Muth worked on the gunnery problem. So did Kalman -- of
filter fame. All you have to do is to postulate individuals as computers, then they
can calculate expected outcomes.
On Wed, Jul 07, 2004 at 02:10:11PM -0700, Devine, James wrote:
Michael Pereleman writes:
