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Tag Archives: complexity
Biggish Thought of the Day
Human beings, viewed as behaving systems, are quite simple. The apparent complexity of our behavior over time is largely a reflection of the complexity of the environment in which we find ourselves. – Herbert Simon
Should Scientists (Complexity Dudes At That) Help Solve The Economic Woes?
Now here’s a MEATY discussion on Edge.org about the role scientists should play in helping improve the economic conditions. Chew on this awhile. Here’s one of my favorite chunks of the discussion lifted from George Dyson’s comments: Brown, Kauffman, Palmrose, … Continue reading
Posted in analysis of behavior, behavior, economics, finance, science
Tagged complexity, economic theory, economics, economists, edge.org, science
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Predictability in Finance
The news is a maniacal scramble to make sense of the current financial situation around the world. Predictions, ____ expert from _____ investment research firm, advice, soothsaying, modeling, bear vs. bull, Fed should do this, Fed shouldn’t do this…. and … Continue reading
Posted in analysis of behavior, data mining, economics, information theory, mathematics, media
Tagged complexity, finance, modeling, prediction, prediction markets
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Identifying what we value and what we fear
On any given day in the US in 2008 an average of about 148,000 people will die. Yawn. As the population swells it will grow larger. Yawn. As the population struggles with food, water, disease, contamination and war, those numbers … Continue reading
Posted in analysis of behavior, media, politics
Tagged behavior, complexity, conditioning, consequences, fear, home, learning, magical thinking, office, politics, questioning, Statistics, superstition, training, value
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