prior probability

As our memorable sojourn in Paris comes to a close, we are reminded of these immortal words of Ernest Hemingway: “There is never any ending to Paris and the memory of each person who has lived in it differs from that of any other. We always returned to it no matter who we were or how it was changed or with what difficulties, or ease, it could be reached. Paris was always worth it and you received return for whatever you brought to it …”

The self-described “errant economist” Thomas Schelling once illustrated his idea of a “focal point” with the following coordination game: Tomorrow you have to meet some friends in New York City, but you have no way of communicating with them. Where and when would you meet your friends? In a coordination game, all the players are capable of winning (i.e. obtaining the highest payoff) only if they choose the same strategy. The problem with the NYC example is that any place and time in the City could work as an equilibrium solution. Yet, when Schelling presented his game scenario to a group of his students, he found the most common answer was noon at Grand Central Terminal. But what if we were to change the city in this Schelling game to Paris, where there are many possible focal points, such as the Eiffel Tower, Notre Dame Cathedral, la Place Vendome, the Louvre, and the Pont Neuf, just to name a few?

My wife Sydjia and I are back in the City of Love. Pictured below is one small section of the I Love You Wall, which is located in a small garden (the Square Jehan-Rictus) in the Montmartre neighborhood of Paris. The entire work is composed of 612 tiles and measures 40 square meters (430 square feet) and was created by the calligraphist Fédéric Baron and mural artist Claire Kito. Their love wall repeats the phrase “I love you” 311 times in 250 languages, including Navajo, Inuit, and Esperanto. (More details about this wonderful work of art are available here.)

The Republic of Ghana is making her debut appearance in this year’s Venice Biennale. Lynette Yiadom-Boakye, one of our favorite contemporary artists, is also one of several artists representing the West African nation. Below is a sample of her work:

Following up on my previous post, it turns out that one of the earliest manuals on the practice of dueling–“Il Duello” by Girolamo Muzio, a.k.a. Mutio Iustinopolitano, b.1496—d.1576–was published in Venice in 1550. I am unable to locate an English translation of this 16th-century Venetian manual, nor am I able to find any reliable statistics about the number of duels in European history, so for now I have ordered Barbara Holland’s classic book on the history of dueling. Also, here are some bonus links for our loyal followers: (1) a vintage Marginal Revolution blog post about the economics of dueling; (2) this history of dueling in 16th-century Italy by David Quint; (3) this comparative study by Mehrdad Vahabi and Behrooz Hassani Mahmooei (review of dueling in England, France, and Germany); and (4) this formal paper by Douglas W. Allen and Clyde G. Reed (presenting a costly-signalling model of dueling).

The Republic of Venice lasted for over 1000 years (726-1797 A.D.). Three things about “Old Venezia” continue to fascinate me: (1) How common were duels in Venice? (2) Why did such a small city-state have so many chapels, churches, and other houses of worship? And (3) why did the Venetian Republic develop such a complicated and cumbersome multi-stage electoral system? We will explore all three of these features of Old Venezia (duels, religion, and voting rules) in future blog posts, but for now let’s focus on the third one. Among other things, Venice’s bygone voting system poses a difficult theoretical and practical puzzle: What is the optimal level of electoral complexity and randomness? Below is a brief survey of the literature:

1. Marji Lines, “Approval voting and strategy analysis: A Venetian example” (1986) (gated version).
2. Jay S. Coggins and C. Federico Perali, “64% Majority Rule in Ducal Venice: Voting for the Doge” (1998) (available here).
3. Miranda Mowbray and Dieter Gollmann, “Electing the Doge of Venice: Analysis of a 13th Century Protocol” (2007) (available here).
4. Dalibor Rohac, “Mechanism Design in the Venetian Republic” (2013) (available here).
5. Toby Walsh and Lirong Xia, “Venetian Elections and Lot-based Voting Rules” (not dated) (available here).

We will be attending some lectures on “realist jurisprudence and its competitors” by Dr Brian Leiter at the EHESS in Paris, so we will be blogging much less frequently during the next few weeks.