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Tag Archives: mathematical modelling
1. Use mathematics as a shorthand language rather than as an engine of inquiry 2. Keep to them [your models/problems] till you have them done 3. Translate to english 4. Illustrate with examples important to real life 5. Burn the … Continue reading
The seeds of my dissent from economic orthodoxy were pretty much sown for me by my 1st professor on the 1st day of my 1stĀ economics class. This prof had gone to a great personal trouble to begin our exposure to … Continue reading
Posted in Uncategorized
Tagged assumptions, behaviour, belief, choice, choices, Coase, Coasean, decision theory, economics, efficiency, efficient frontier, efficient markets hypothesis, EMH, free will, gains from trade, inequality, knowledge, libertarians, mathematical modelling, mutually beneficial, Pareto optimality, production possibility frontier, psychology, Robinson Crusoe economy, science, symbiosis, theory, trade, welfare theorem, zero transactions costs
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There is a growing body of evidence, at least in text processing, that of … data, features, [and] algorithms … data probably matters the most. Superficial wordlevel features coupled with simple models in most cases trump sophisticated models over deeper … Continue reading
Distance between Words
Which pair is more different? keyboard  keyb`ard keyboard  keybpard keyboard  keebored Of course in mathematics we get to decide among many definitions of size and there is no “correct” answer. Just what suits the application. I can … Continue reading
Posted in Uncategorized
Tagged Bayesian, big data, computer, distance, letters, machine learning, Markov property, math, mathematical modelling, mathematics, maths, privacy, text mining, typing, words
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Infinite Data
Since people liked my last opinion piece on #big data, here’s another one. Imagine there was a technology that allowed me to record the position of every atom in a small room, thereby generating some ridiculous amount of data (Avogadro’s … Continue reading
Posted in Uncategorized
Tagged 3D, behavioural economics, big data, computers, data, Hadoop, mapreduce, mathematical modelling, mathematical models, modelling, models, projection, psychoetrics, psychology, resolution
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As nice as it is to be able to assume normality, … there are problems. The most obvious problem is that we could be wrong. One … very nice thing … is that, in many situations, … [being wrong] won’t … Continue reading