01 / prediction
I don’t know if it was Aumann himself, it may have been, I think, Geanakoplos, who pointed out the corollary of Aumann’s theorem, which sounds totally counterintuitive, even crazy, is that rational agents should not engage in speculative trade.
“I don’t know if it was Aumann himself, it may have been, I think, Geanakoplos, who pointed out the corollary of Aumann’s theorem, which sounds totally counterintuitive, even crazy, is that rational agents should not engage in speculative trade.”
- Speaker
- Steven Pinker
- Publisher
- Conversations with Tyler