http://blogs.reuters.com/emanuelderman/2012/01/17/bad-economic-decisions-have-nonlinear-effects/ Models.Behaving.Badly Fri, 14 Sep 2012 09:10:53 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/emanuelderman/2012/01/17/bad-economic-decisions-have-nonlinear-effects/#comment-255 StevanRadanovic Thu, 02 Feb 2012 12:55:13 +0000 http://blogs.reuters.com/emanuelderman/?p=671#comment-255 Still haven't read Models.Behaving.Badly, but I believe You touched upon answer to this question - a physicist studying subatomic particles cannot effect rules that govern those particles in any way, whereas Fed's prediction operates on the "same level" as the system it tries to understand, therefore creating a feedback loop, affecting that system and changing it's "rules", and nonlinearity. Still haven’t read Models.Behaving.Badly, but I believe You touched upon answer to this question – a physicist studying subatomic particles cannot effect rules that govern those particles in any way, whereas Fed’s prediction operates on the “same level” as the system it tries to understand, therefore creating a feedback loop, affecting that system and changing it’s “rules”, and nonlinearity.

]]> http://blogs.reuters.com/emanuelderman/2012/01/17/bad-economic-decisions-have-nonlinear-effects/#comment-248 DavidWLocke Wed, 18 Jan 2012 05:50:23 +0000 http://blogs.reuters.com/emanuelderman/?p=671#comment-248 Cognitive is always exponential. The individual's cognitive limit is the base of that exponential. The behaviors of cognitive populations won't be linear. Cognitive is always exponential. The individual’s cognitive limit is the base of that exponential. The behaviors of cognitive populations won’t be linear.

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