Add new comment
-
Want facts and want them fast? Our Maths in a minute series explores key mathematical concepts in just a few words.
What do chocolate and mayonnaise have in common? It's maths! Find out how in this podcast featuring engineer Valerie Pinfield.
Is it possible to write unique music with the limited quantity of notes and chords available? We ask musician Oli Freke!
How can maths help to understand the Southern Ocean, a vital component of the Earth's climate system?
Was the mathematical modelling projecting the course of the pandemic too pessimistic, or were the projections justified? Matt Keeling tells our colleagues from SBIDER about the COVID models that fed into public policy.
PhD student Daniel Kreuter tells us about his work on the BloodCounts! project, which uses maths to make optimal use of the billions of blood tests performed every year around the globe.
I disagree that prisoners dilemma is applicable to invisible hand theory, or if it is then the resulting framework of law is equally part of that. Those who default are not trusted, and so no contracts are awarded them, therefore default is avoided. Equally trust is only extended based on reputation, leading to a coherent framework that communicates. The creation of law to enforce outside of that level of understanding is an extension of the market wishing to extend itself to more anonymous contract, which would demand an oversite to corroborate completion or asign dues for non completion. Therefore the court is an extension of trade and market, it does not appear mysteriously as some apart that the public decides to create for common good.