This model makes explicit something I’ve had intuitions about for a while (though I wasn’t able to crystallise them nearly as perspicaciously or usefully as UnexpectedValues). Beyond the examples given in the post, I’m reminded of Zvi’s discussion of control systems in his covid series, and also am curious about how this model might apply to valuing cryptocurrencies, which I think display some of the same dynamics.
The post is also very well-written. It has the wonderful flavour of a friend explaining something to you by a whiteboard, building up a compelling story almost from first principles with clear diagrams. I find this really triggers my curiosity—I want to go out and survey housemates to pin down the social behavior curves around me; go up to the whiteboard and sketch some new graphs and figure out what they imply, and so forth.
Curated.
This model makes explicit something I’ve had intuitions about for a while (though I wasn’t able to crystallise them nearly as perspicaciously or usefully as UnexpectedValues). Beyond the examples given in the post, I’m reminded of Zvi’s discussion of control systems in his covid series, and also am curious about how this model might apply to valuing cryptocurrencies, which I think display some of the same dynamics.
The post is also very well-written. It has the wonderful flavour of a friend explaining something to you by a whiteboard, building up a compelling story almost from first principles with clear diagrams. I find this really triggers my curiosity—I want to go out and survey housemates to pin down the social behavior curves around me; go up to the whiteboard and sketch some new graphs and figure out what they imply, and so forth.