information density flux, also known as deciding when you can decide
1 August 2008
Total solar eclipse today, though not visible from Oregon or, indeed, anywhere in the US. I didn’t make it to blog about the solstice, as is becoming rather usual, but at least I got this one on the day of the event.
Meanwhile, instead of a very erudite discussion of confidence levels and logic, I’d just like to pose a question about how we ever decide we have enough information to act on. NN Taleb frames the question by running counter to his own advice and quoting from Herodotus about Solon. Perhaps another good (and equally intellectually snobby) example is the prisoner’s dilemma.