Game theory in practice (2011)

Re:Game theory in practice (2011) by yehi on Tuesday February 07, 2017 @05:47AM (#13588506)

> Bruce Bueno de Mesquita [...] has made some impressively accurate political forecasts

In stories like these I always like to know how many incorrect predictions they made as well. I mean, if a squid can predict the results of a sports game, how impressive is what Bruce Bueno de Mesquita did?

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Re:Game theory in practice (2011) by mafribe on Tuesday February 07, 2017 @06:04AM (#13588583)

A good proxy measure for the accuracy of BBdM's prediction would be how rich he got out of them. Given that BBdM's mostly concerned with macroscopic predictions about politics his claim [1] that he was right in 2/3 of his predictions, should have translated into immense wealth.

[1] Source: an old interview with him, maybe 10 years ago. I might be wildly misremembering here. Sorry, no better sources.

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Re:Game theory in practice (2011) by ThrustVectoring on Tuesday February 07, 2017 @05:19PM (#13593455)

Being correct in 2/3rds of predictions isn't enough to get rich - he could very well have gotten more things wrong than the conventional wisdom that earns $0 on average.

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