![]() Nevertheless, I recommend this to anyone who has an interest in decision making, how humans think, and how computers think. ![]() Whereas in most cases throughout the book, a reader will say, "Wait a minute, it doesn't work like that" and a few pages later the authors address that concern or a similar one, in this case it appears the authors were rushing through the last chapter on Game Theory and just wanted to be done with it. The Vickrey Auction (where the winning bidder pays the amount bid by the second highest bidder), for instance, is presented as being almost infallible, but a quick Google search seems to show that it results in overbidding. Sometimes, the authors don't do justice to an algorithm, however. This is where some of the book's most interesting sections occur, however, such as the revelation that sometimes less data can produce a better forecast than more data, or that in some cases a high probability can substitute for mathematical certainty. ![]() And unsimplifying them sometimes leads to problems that are basically unsolvable. ![]() Unfortunately, many of the algorithms are for solving problems that are much simplified compared to their human equivalents. ![]() Lots of interesting stuff in this engaging look at how we might apply computer algorithms to daily life. ![]()
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