Monthly Archives: September, 2009

Buy Global, Not Local

Written by Ocean on September 29, 2009 — Leave a Comment

Having mentioned in the past that Buying Local is not a realistic manner of saving the environment, we are greatly pleased to see our points of view reaffirmed in a paper by Hiroko Shimizu and Pierre Desrochers entitled: “Yes We Have No Bananas: A Critique of the ‘Food Miles’ Perspective” They take many examples, and [...]

Posted in Articles, Buying local, Featured, Free Trade | Tagged , ,

Human Cleaning Opinion Resources

Written by Ocean on September 24, 2009 — Leave a Comment

More Resources, this time on getting humans, on how to clean, and on opinions. As always, these will be featured in our Resources page: GetHuman : If you’re tired of calling customer service only to have a recording ask you to press this and that and then put you on hold, just follow these steps [...]

Posted in DumbAgent.com, Featured, Saving Money | Tagged , , , ,

Dribble vs. Dumb Agent Theory

Written by Ocean on September 22, 2009 — Leave a Comment

We recently came across a blog by Charles Davi, and more specifically an entry entitled The Not So Efficient Market (Theorem) Hypothesis. Here Davi gives a very mathematical argument against the Efficient Market Hypothesis. While we like the fact that he states his argument in equation form, we cannot help but disagree with him. To [...]

Posted in Articles, Featured, Our Theory | Tagged , , ,

Welcome to the Blog Carnival!

Written by Ocean on September 17, 2009 — 1 Comment

Dumbagent.com’s article “Top 5 Reasons NOT to go Local” has been featured by This Young Economist on BlogCarnival.com. It has also been attributed to Aleb, so Congratulations to you as well!

Posted in Featured, Letters/Contributions, Our Theory | Tagged , , ,

In Memory of PAM

Written by Ocean on September 15, 2009 — Leave a Comment

One of the first (organized) examples of the Dumb Agent Theory at work was the Policy Analysis Market (PAM), a market proposed by DARPA and shot down by the United States Congress, which called it the “Terrorist Market”. In a nutshell, this would have a been a market in which people could trade futures on [...]

Posted in Featured, Prediction Markets | Tagged , , , ,