Economics, Mathematics

Traffic Physics 101: “The Jamiton”

I came across a cool article on Nautilus on the phenomenon of phantom traffic jams, where people slow down and cause backups for no discernible reason. It turns out that the explanation for these event is fascinating. Moreover, as the author notes, these events are not just annoying, they can be dangerous. However, as the author notes: …phantom […]

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Mathematics, Technology

FT: The Perils of Big Data

Tim Hartford has a good piece on FT about the promise and perils of “Big Data” (Big Data: are we making a big mistake?). The article is a balanced view of the value that the latest data-driven analyses can provide, as well as the easy ways in which the same data can mislead us into […]

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