taojaxx

'The Crash of 2008 and What It Means' by George Soros

So, the value of a theory lies in the possibility of expressing it in equations, right?
If that's your thinking, I wish you lots of luck in academia, as the markets might not be nice to you.
I agree with you though that reflexivity is simply another name for feedback loops.


On Jul 11 11:15 AM manya05 wrote:

> Reflexivity? most people would call it a positive feedback loop,
> and the concept is as old as control theory, which has been around
> for decades. Until you put some meat into it (a quantification that
> can be expressed in equations), it makes for nice cocktail conversation,
> but not much else.