Monday, August 31, 2009

The Reality Game

On Keynes beauty contest and self reinforcing events

http://www.santafe.edu/research/publications/workingpapers/09-02-003.pdf

Voltaire on cause and effect 'Innovation'

"It is demonstrable that things cannot be otherwise than as they are; for as all things have been created for some end, they must necessarily be created for the best end. Observe, for instance, the nose is formed for spectacles, therefore we wear spectacles" in Candide, ou l'Optimisme.

Tuesday, August 18, 2009

The greats

Adam Smith- The Wealth of Nations- http://www.gutenberg.org/files/3300/3300-h/3300-h.htm

J.M Keynes- The Consequences of Peace- http://www.gutenberg.org/files/15776/15776-8.txt

Karl Marx- The Communist Manifesto- http://www.gutenberg.org/files/61/61.txt

Malthus- Principles of Population- http://www.gutenberg.org/files/4239/4239-h/4239-h.htm- The Nature and Progress of Wealth- http://www.gutenberg.org/files/4336/4336-h/4336-h.htm

The Works of Thorstein Veblen

http://www.gutenberg.org/files/833/833-h/833-h.htm --The Theory of The Leisure Class

http://www.gutenberg.org/files/20694/20694-h/20694-h.htm -- An Enquiry into the Nature of Peace

And why Spurs keep playing Pavluchenko....

Sunk Costs in the NBA:
Why Draft Order
Affects Playing Time
and Survival in
Professional Basketball
Barry M. Staw
Ha Hoang
University of California,
Berkeley (Sept 1995)

Interesting- 'good money after bad' theory-- Tegar(1980) Brokner and Rubin (1985)