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Re: Mirowski on Nash's "brilliant insight"
- To: PEN-L@xxxxxxxxxxxxxxxx
- Subject: Re: Mirowski on Nash's "brilliant insight"
- From: "Devine, James" <jdevine@xxxxxxx>
- Date: Wed, 19 May 2004 16:04:04 -0700
- Thread-index: AcQ928FJEeAeM8pGQbWKR4Lxs++XiAAGCn+Q
- Thread-topic: [PEN-L] Mirowski on Nash's "brilliant insight"
just because
Nash was crazy doesn't mean that he was always wrong. However, the popularity of
his concept of equilibrium may reflect the craziness of the economics
profession.
BTW, a
game matrix can be seen as a simplified picture of a social structure. The
motivations of the "players" don't have to be the narrow greediness of _homo
economicus_ or the paranoid. In the Hargreaves-Heap/Varofakis book, for example,
they examine the behavior of those who follow Kant's categorical imperative.
Obviously, this produces different results.
JD
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