BDM at Good Magazine
Nice piece on Bruce Bueno de Mesquita and his forecasting model. It calls game theoretic political science a “branch of mathematics”, but I guess that is a compliment. Not enough credit is given, however, for the inputs of whatever models one is using. You can’t reliably make good predictions out of crappy data.
I liked his solution to the Israeli-Palestinian conflict:
I would suggest that all tourist revenue be [divided by] a fixed formula based on the current population of the region, which is roughly 40 percent Palestinian, 60 percent Israeli. The money would go automatically to each side. Now, when there is violence, tourists don’t come. So the tourist revenue is automatically responsive to the level of violence on either side for both sides. You have an accounting firm that both sides agree to, you let the U.N. do it, whatever. It’s completely self-enforcing, it requires no cooperation except the initial agreement by the Israelis that they are going to turn this part of the revenue over, on a fixed formula based on population, to some international agency, and that’s that.”
Ps. While there, check out their data visualization section.
surely you have something more to say about the data vizualization!!