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Tag Archives: models
Model of North American politics (2 x 2 matrix edition)
This simple model might be wrong, but is it useful? (Via Paul Krugman.)
When beautiful models go wrong
No, not those types of models! We mean abstract, mathematical models. Celebrity economist Paul Krugman writes: Suppose you’re making a prediction — and every assertion about how the world works has to involve at least an implicit prediction of something, … Continue reading
Why pay for iTunes when you can download music for free?
During the last two days I have been attending some lectures on price theory (or “microeconomics”) at the 29th Annual LEC Economics Institute for Law Professors. I teach torts and constitutional law, and my areas of research are the evolution … Continue reading
Model Thinking
prior probability has enrolled in Scott Page’s 10-week course on “Model Thinking” at Coursera … we really recommend his lectures on non-linear models and Markov processes … you can find the syllabus for the course here.
prior probability 