News for hackers. Stuff that matters.

A comment on Blockchain study finds zero success rate and vendors don't call back. Parent comment

Re:Blockchain study finds zero success rate and vendors don'... by thisisit on Friday November 30, 2018 @11:37PM (#18575195)
That is assuming everyone is moved by money and everything works in perfectly rational way. The problem is - humans are irrational.
[ Parent | on HN ]
Re:Blockchain study finds zero success rate and vendors don'... by pas on Sunday December 02, 2018 @07:48PM (#18585572)
No, that's a very bad model. Humans have a hidden utility function and they maximize that. (See also bounded rationality, weak revealed preference axiom for market modeling.)
[ Parent | on HN ]