- Richard Thaler compares utility to aether, an imaginary substance that 19th century scientists thought existed.
- Matthew Yglesias misunderstands; he thinks Thaler’s comments apply only to macroeconomics.
- Donald MacKenzie describes the effects of automated trading algorithms on microsecond variations in stock market volumes:. Some of this sounds like network security applications. You have sniffers detecting what bots are doing, spoofers attempting to fool the sniffers, etc.
- Kieran Healy reviews MacKenzie's book describing finance theory as performative.
- A news story reports "Some Users Find the Speed of Light Too Slow for Their Networks", (IEEE Computer, V. 44, N. 4 (Apr. 2011): 18-19). These users are ones trying to decide where to locate their automated trading algorithms.
- K. J. Ray Liu describes how radio devices will use game theoretical algorithms to allocate spectrum. ("Cognitive Radio Game", IEEE Spectrum, V. 48, Iss. 4, Apr 2011: 40-56)
4 years ago