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by pythko
1402 days ago
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Econtalk had a recent episode [0] that discusses this problem and the limitations when applied to real life. There's also a transcript [1] for those who prefer reading. I found the discussion (and the entire episode) to be a nice reflection on how applying rules/logic/algorithms to big, deeply human problems doesn't always work. While the secretary problem is a fascinating and unintuitive mathematical result, as many other commenters have pointed out, it just doesn't have that many strict uses in people's real lives, outside of the general idea of "try a few of X to get the idea of the field, then pick one". [0] https://www.econtalk.org/russ-roberts-and-mike-munger-on-wil... [1] https://www.econtalk.org/russ-roberts-and-mike-munger-on-wil... |
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Knowing Munger, I'll assume they talked about the heuristic's application in automated systems and it's prefect application there?
Also, dear HN reader, if you don't listen to EconTalk already, you're missing out on one the best podcasts out there.