Camels With Hammers

The Predictive Power Of Game Theory

In this clip from The Daily Show, Bruce Bueno de Mesquita discusses predicting world affairs using models based on game theory to an extraordinarily high degree of accuracy (twice that of the CIA by their own estimation). It’s really exciting stuff:

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Bruce Bueno de Mesquita
www.thedailyshow.com
Daily Show Full Episodes Political Humor Tea Party

His book is called on The Predictioneer’s Game: Using the Logic of Brazen Self-Interest to See and Shape the Future and sounds must-read to me.

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  1. Aaron Greenberg says:

    I only half paid attention. Most people don’t use logic, so you can’t count on logic, even the logic of self-interest or greed. I’m not saying you can’t see where things are likely to go–you should try that exercise, but counting on the result is like betting on playoff games based on what Mike Francesca or Chris Russo think. Even if their argument comes across as sound, it doesn’t take into account the wild randomness and illogic of reality.

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