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Tuesday, October 11, 2005

Tuesday October 11, 2005

Filed under: General — m759 @ 2:08 pm
Storytelling
and Game Theory

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“Game theory is no doubt wonderful for telling stories.  However, it flunks the main test of any scientific theory: The ability to make empirically testable predictions.”

— “A Nobel Letdown in Economics,”
     by Michael Mandel in Business Week

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