Is it the case that better mechanisms for pricing externalities (in general) would be as big a breakthrough as it seems?
@jem_nz well, except they tend to be too categorical rather than continuous
-
-
@jem_nz I mean, taxes certainly do some of it. But feels very haphazard and ad hoc. I'm curious about systematic effort.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@patrickc I like this thought. Interior point (barrier) methods use this principal for optimization constraints. http://en.m.wikipedia.org/wiki/Interior_point_method … -
@patrickc no reason we couldn't apply to laws too. But, computation (~enforcement) effort may be prohibitive :)
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.