[OPE-L:3971] Re: Critiquing Gil's debating tactics

Paul Cockshott (wpc@cs.strath.ac.uk)
Mon, 13 Jan 1997 01:44:32 -0800 (PST)

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Gil:
>* Is simultaneism logically suspect because it lets the same commodity, at one
>single moment, have two different prices?

Paul:
I dont think anyone proposes quite this.
The nearest that anyone comes to it is the somewhat different proposal used
in stochastic approaches that prices be modeled as random variables. This
implies
that they do not have any really sharp or distinct value, having instead
an expected value and a probability density function around this.
Paul Cockshott

wpc@cs.strath.ac.uk
http://www.cs.strath.ac.uk/CS/Biog/wpc/index.html