Thanks psuet. I'm not one of those guys who goes around saying "mainstream economics is wrong and ignorant". Well, OK, we are often wrong and ignorant, but people who aren't in mainstream economics are usually even more…
pseut: "so you can estimate the parameters as \hat parameters = argmin (average_over_t speed(gas_t, slope_t, parameters) - const)^2" No you can't. Think about it. 1. If the driver has as much information as the…
Thanks psuet. I'm not one of those guys who goes around saying "mainstream economics is wrong and ignorant". Well, OK, we are often wrong and ignorant, but people who aren't in mainstream economics are usually even more…
pseut: "so you can estimate the parameters as \hat parameters = argmin (average_over_t speed(gas_t, slope_t, parameters) - const)^2" No you can't. Think about it. 1. If the driver has as much information as the…