Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-10-2018, 08:02 PM
 
5,527 posts, read 3,250,937 times
Reputation: 7764

Advertisements

The problem with social science predictions is that social systems are mutable, so predictions themselves can change the future. Self-fulfilling prophecies are one example, as are the rules of the game changing when too many actors try to game the rules. As an example, if I had an equation that could predict the stock market, the accuracy of my predictions would diminish every time I acted on them as more and more people saw a correlation between my bets and what the market did. Eventually people would learn that they could make money just by copying what I do, which would change the assumptions of my equation and introduce destabilizing feedback. So I'd have to go back to the drawing board.

Accurate social science predictions are an arms race of feedback and secrecy. A big prediction that is publicized will almost never come true, because people will modify their behavior as a result of the prediction. In this way predictions are simply another form of rhetoric especially in politics.

Predictions based on immutable physical systems are another story.
Reply With Quote Quick reply to this message

 
Old 08-11-2018, 12:47 PM
 
Location: Old Bellevue, WA
18,782 posts, read 17,356,787 times
Reputation: 7990
Quote:
Originally Posted by Avondalist View Post
... A big prediction that is publicized will almost never come true, because people will modify their behavior as a result of the prediction. In this way predictions are simply another form of rhetoric especially in politics.
(emphasis added)



I think the bolded was really the point I was trying to make but could not quite articulate as you did.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies

All times are GMT -6. The time now is 05:26 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top