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I forgot to mention it in the blog post, but there are well defined measures of code coverage for software development. I'm not sure if the same concepts have m
by i2pi 16y ago
I forgot to mention it in the blog post, but there are well defined measures of code coverage for software development. I'm not sure if the same concepts have made there way into legal analysis. I would like to see that any financial portfolio 'stress tests' require complete code coverage.
However, I seriously doubt whether the proposal will ever be enacted. There is just too much going against it. I do like that agent simulation is becoming wider known in the broader financial community as it finally gets us closer to acknowledging that financial instruments _are_ computation. And along with that association comes the tacit recognition that not everything is easily computable.
For a good introduction to the intersection of computability and economics, check out http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780198295273/toc.html http://www.oxfordscholarship.com/oso/public/content/economic...
- nikete 16y agoVelupillai's book is awesome. An exercise of his that I love is looking at how much of general equilibrium theory one can prove using only constructive math. A nice blog on a similar vein seems to have been started recentely on http://aiecon.tumblr.com/ http://aiecon.tumblr.com/ by a grad student of Sandholm.
- ableal 16y agoThanks for that. Though I'll note that it's a bit cruel mousing over the "full text" buttons, seeing a "You have access to the full text for this item" balooon/tooltip, and, upon clicking on the Preface, getting a 'Log In' page ... Anyways, Amazon seems to have it, and Google Books lets one have a peak, at http://books.google.com/books?id=LDmWrvPrOvUC&dq http://books.google.com/books?id=LDmWrvPrOvUC&dq More to the point, Book Depository, while listing that 2000 book as out of stock, does have an interesting looking 2009 Computable Foundations for Economics, by K. Vela Velupillai at http://www.bookdepository.co.uk/book/9780415355674/Computable-Foundations-for-Economics http://www.bookdepository.co.uk/book/9780415355674/Computabl...