SCIENTIST BEHAVING BADLY – A Review of Models. Behaving. Badly. by Emanuel...
The book’s subtitle is “Why confusing loose-association metaphysics with a sound argument can lead to absurdity, in finance and in philosophy”. Just kidding, that’s the subtitle of my review. First I...
View ArticleFOOLED BY A RED HERRING – Chapter 1: The “Problem” of Induction
(click here for introduction to Fooled By A Red Herring) Induction is often contrasted with deduction. Both are types of reasoning. Deduction starts with general statements (e.g. all humans are mortal)...
View ArticleSCIENTIST BEHAVING BADLY – An update
The book by Emanuel Derman, which I reviewed in an earlier post, was not well received generally by the readers that reviewed it on Amazon. That must have incited the venerated Nassim N. Taleb to throw...
View ArticleMODELING 101 – Part 3
(click here for introduction and part 1) (click here for part 2) MODELS IN PRACTICE 1. THE MODEST STATUS OF MODEL ASSUMPTIONS Consider the following problem given to a high school physics...
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