Comments on: Dystopic finance http://blogs.reuters.com/emanuelderman/2011/09/08/dystopic-finance/ Models.Behaving.Badly Fri, 14 Sep 2012 09:10:53 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: pburns_stat http://blogs.reuters.com/emanuelderman/2011/09/08/dystopic-finance/#comment-168 Thu, 08 Sep 2011 17:57:33 +0000 http://blogs.reuters.com/emanuelderman/?p=342#comment-168 I classify pretty much all of finance into one of three categories:

* academic nonsense
* zero-sum
* actually useful

The first two categories are much larger than the last. I agree that one of the most promising items in the useful category is agent-based models. I’ve been interested in them for years and done zero with them.

However, I don’t see the situation as particularly depressing. C’est la vie.

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