msellout

16 ms·

121.
by msellout 11y ago
> it'd be a fool's errand to treat models like this as having to say anything about real-world policy Then what kind of models should have something to say about policy? Simulations tend to emulate the observed phenomena of eco
122.
by msellout 11y ago
Try adding capital stock and transaction costs. The code seems easy enough. See if that changes the outcome of your simulation. My experience is that the broad rich-get-richer dynamics remain the same.
123.
by msellout 11y ago
The World Bank also has a political agenda. Are you not worried about the accuracy of their reports, too?
124.
by msellout 11y ago
Can't read the full article for free, but I expect their measurement techniques are tautological. It's the reification fallacy -- create a measurement, redefine the term as that measurement, then conflate the measurement with the
125.
by msellout 11y ago
The bug tracking data might be tough to replicate, but everything else is stored on each contributor's machine. I think recovery time wouldn't be so bad.
126.
by msellout 11y ago
> about SF They're based in NYC
127.
by msellout 11y ago
I appreciate the prompt response. Face-to-face at Home Depot you know the message was received. Online it's nice to get an immediate read receipt with the real reply coming later.
128.
by msellout 11y ago
>> It's already illegal for these algorithms to have discriminatory outcomes, even if they're not deliberately designed in. > unbiased algorithms often discover that things we previously attributed to bias were actually u
129.
by msellout 11y ago
> Why the condescending tone for those businesses? I didn't read his tone as condescending. > Similar to casino players ... don't care much about the actual business aspects That's quite the generalization. Is it possib
130.
by msellout 11y ago
Before the tragedy of the Perl 5-6 transition, I don't think people realized how important backwards compatibility is. I understand your fear, but perhaps the most reliable team is the one that's already made the mistake and been
131.
by msellout 11y ago
I take the narrow view on "statistician". I agree that many if not most scientists are poorly trained in statistics even though all major journals try to throw a veneer of mathematics on their publications. As for the comparison w
132.
by msellout 11y ago
Yes, you are missing that the str as bytes to str as Unicode transition was a tough problem. That's the major incompatibility. Once that decision (mistake?) was made, the break was irrevocable. Perhaps not in theory, but in the practic
133.
by msellout 11y ago
That is an incorrect characterization of the core development team. https://opensource.com/life/14/9/why-python-4-wont-be-python...
134.
by msellout 11y ago
> gets ... backwards compatibility That should be past tense, "got" as the Python community has certainly learned its lesson. Luckily it wasn't as bad a mistake as the Perl folks made.
135.
by msellout 11y ago
If we hypothesize that speed might be bad, shouldn't we do an experiment to decrease speeds? You also haven't addressed the point that many exchanges currently implement delays in times of crisis.
136.
by msellout 11y ago
You may have formed your generalization about statisticians from a biased sample. Or perhaps you're conflating statistics (ab)users for statisticians. There are far more people who have heard of a t-stat and r-squared than people I wou
137.
by msellout 11y ago
Geographic regulation is unnecessary, but the government may decide it is responsible for lowering barriers to entry -- supporting a healthy financial market and streamlined licensing/inspection. Competitors entering the market will de
138.
by msellout 11y ago
> If everybody owns something, then nobody owns it. We should probably rethink our notion of what "the commons" means, vis-a-vis property rights. Good point. Of course, that rethink might go in either way, moving more things fr
139.
by msellout 11y ago
I meant efficiency as in low spreads, not as in Fama. I tried to state the mechanism directly, but apparently didn't do so very well. I could try again, but I think it'd be more effective to appeal to authority. Check out "Th
140.
by msellout 11y ago
The way I imagined the randomness aspect is the same way it's handled now for two orders received at the same time according to the machine's precision of time perception. Unfortunately, a loss of efficiency (increased spreads) is
141.
by msellout 11y ago
Enforcing a delay may reduce the incentive to increase speed at the cost of strategic complexity. If the turbulence is caused by the interactions of overly-simplistic momentum agents, then increasing the complexity of the agents will stabil
142.
by msellout 11y ago
A delay of 350 microseconds may very well make the market less turbulent and reduce the prevalence of "flash" crashes. Though the method of implementing the delay might not succeed, a forced delay would alleviate the arms race to
143.
by msellout 11y ago
Amusingly, there's a similar database sold by the Georgia Secretary of State. Recently they accidentally included the social security number of every registered voter in the database they distributed. If I recall the news article corre
144.
by msellout 11y ago
A friendly exchange is a cooperative reallocation of resources. Thus money is as I said, a medium/technology for reallocation. You seem to think being a medium of exchange is mutually exclusive with being a means of allocating resource
145.
by msellout 11y ago
Unscientific? By "people" I take it you mean me. I didn't see you cite any research either. Obviously restaurants had an interest in food safety. You're being a little silly with your sarcasm. The question is whether foo
146.
by msellout 11y ago
> This is the type of problem companies help solve all of the time. In your example of food safety, I believe it's your state department of public health that solved the problem, not the restaurant.
147.
by msellout 11y ago
It'd fit into a broad interpretation of the Lake Woebegon effect.
148.
by msellout 11y ago
urlencode(mapping) --> querystring
149.
by msellout 11y ago
"my right" is a strange term. It's entirely a social concept and is defined by the society you happen to live in (and re-defined by every subset of that society). In a sense, money is just a technology a society uses for allo
150.
by msellout 11y ago
> more wisely than the original owners ... would have invested It depends. If the original owners were a handful of wealthy oligarchs, that's likely to be worse (ie. more centralized) than as spent by a large, distributed bureaucrac

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