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chaostheory
on Oct 12, 2007
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The New Nostradamus?
the thing I'm curious about is how he accounts for irrational behavior, since game theory typically assumes that all parties behave rationally
paul
on Oct 12, 2007
[–]
The process can be rational even if the actors are not. Think of evolution. People who pursue successful strategies (even if they do it for irrational reasons) will be more successful (by definition).
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