Comments on: Reflexive Modeling: The Social Calculus of the Arbitrageur http://www.aleablog.com/reflexive-modeling-the-social-calculus-of-the-arbitrageur/ Alea Jacta Est Mon, 12 Jul 2010 20:04:31 +0000 hourly 1 http://wordpress.org/?v=3.0 By: David http://www.aleablog.com/reflexive-modeling-the-social-calculus-of-the-arbitrageur/#comment-2462 David Fri, 13 Feb 2009 01:56:38 +0000 http://www.aleablog.com/?p=2569#comment-2462 This has been long discussed in the economics literature as "herd behavior" and as "informational cascades". Economist aren't troubled by the fact that it entails a calculative activity ;) This has been long discussed in the economics literature as “herd behavior” and as “informational cascades”.

Economist aren’t troubled by the fact that it entails a calculative activity ;)

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