Tuesday, February 01, 2005
Smarter Than You Thought (or not)
Some might call the Preznit a "birdbrain." It turns out that this may not be as potent an insult as previously believed. New research into avian intelligence indicates that many birds are, in fact, quite smart, only they accomplish this in very different ways than do mammals. Along with another recent study, this research could fundamentally change how we think about not only intelligence, but brain structure and function overall.
Economic theories have always annoyed me because they make assumptions that are so obviously false: that people are rational and fully informed about their decisions. Now, researchers have developed a zero-intelligence model of the stock market, which acts rather like the real thing. Which I think is not only fascinating, but should have some interesting implications for the future of modeling (i.e., my next project at work).
Economic theories have always annoyed me because they make assumptions that are so obviously false: that people are rational and fully informed about their decisions. Now, researchers have developed a zero-intelligence model of the stock market, which acts rather like the real thing. Which I think is not only fascinating, but should have some interesting implications for the future of modeling (i.e., my next project at work).
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