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To: harpseal
The simple fact taht nations do this sort of thing makes it neither right nor wrong

I did not say it was. The point is, if you retaliate for the lawful actions of one coutry, some other country can retailiate against us, etc.

In other words, the point made by the administration is within a decision-theoretic framework, as if the world remains unresponsive to the actions of one player. The true outcome is game-theoretic instead; that is, to see what emerges one needs to estimate the response of other players to our response. I have not heard that addressed. Many practicioners, both in private and public sectors, have not been taught to think game-theoretically, and from time to time you hear such mistakes being made.

157 posted on 10/09/2003 5:00:38 PM PDT by TopQuark
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To: TopQuark
I did not say it was. The point is, if you retaliate for the lawful actions of one coutry, some other country can retailiate against us, etc.

Thus by your logic the USA should not have retaliated for say Pearl Harbor or 9/11/01. Clearly per Adam Smith retaliation for unfair economic actions by one nation via tariffs is a legitimate function of governments. There is nothing illegal about the USA retaliating via tariffs against those nations whose artificial manipulations of their currencies is done over a long term to gain a net trade/investment advantage. The USA has the sovereign right and one may infer from history duty to respond to protect its citizens.

In other words, the point made by the administration is within a decision-theoretic framework, as if the world remains unresponsive to the actions of one player. The true outcome is game-theoretic instead; that is, to see what emerges one needs to estimate the response of other players to our response. I have not heard that addressed. Many practicioners, both in private and public sectors, have not been taught to think game-theoretically, and from time to time you hear such mistakes being made.

Given one current game theoretical extrapolation without action by the USA is the lowering of the American standard of living followed by a probable civil war should we face economic disruptions similar to what Argentina has gone through. The alternatives can not be much worse. Lets see now if teh US econnomy is not on track with a significant boom before 2008 we will definitely be dfacing a Democrat President. The current tax cut which has resulted in some recobvery has a very long way to go before we are talking boom. The only post WWII recovery where employment has signoficantly decreased is what we are now in. September was the first month where employment went up in way too long and teh ammount of consumer spending snecessary to cause American growth is the highest on record.

These are all factors that need to be included in your mathematical model. Please post the model so we can see it. Are you proving what you want to be reality or are you dealing with reality?

Maybe the USA should have modeled WWII on Dec 10, 1941 and decided not to pursue matters with Japan and Germany. Maybe we should have sued for peace as of Christmas 1941.

Don't just refer to mathematics post refernces to the studies you are discussing. In other words don't expect anyone to accewpt your pontifications and bloviations without some reasons that make sense. There are a number of mathemeticians on Free Republic who can verify or debunk just about any mathemtics posted or referenced.

174 posted on 10/10/2003 8:32:41 AM PDT by harpseal (stay well - Stay safe - Stay armed - Yorktown)
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