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.)

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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

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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

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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.

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