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Colin Camerer Quotes


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Quotes by Colin Camerer

Showing 1-5 of 5 Quotes by Colin Camerer

Game theory is a branch of, originally, applied mathematics, used mostly in economics and political science, a little bit in biology, that gives us a mathematical taxonomy of social life, and it predicts what people are likely to do and believe others will do in cases where everyone's actions affect everyone else.

~Colin Camerer

Topics: Actions Affect Applied Believe Biology Bit Branch Cases Economics Else Everyone Everyone Else Game Gives Life Likely Little Little Bit Mathematical Mathematics Mostly Originally Others People Political Political Science Science Social Social Life Theory Us Used Where Will

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Charles Darwin and I and you broke off from the family tree from chimpanzees about five million years ago. They're still our closest genetic kin. We share 98.8 percent of the genes. We share more genes with them than zebras do with horses. And we're also their closest cousin. They have more genetic relation to us than to gorillas.

~Colin Camerer

Topics: About Also Broke Charles Closest Cousin Darwin Family Five Genes Genetic Horses Kin Million Million Years More Off Our Percent Relation Share Still Than Them Tree Us Years Years Ago You

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Caltech is a very adventurous place. Part of the culture is that we tolerate people doing things that seem impossible, and also synthesizing and borrowing ideas across very kooky and unusual boundaries.

~Colin Camerer

Topics: Across Adventurous Also Borrowing Boundaries Culture Doing Ideas Impossible Part People Place Seem Things Tolerate Unusual Very

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It's like simulating earthquakes: we can over and over study a bubble, crash, bubble, crash. Then we can see mathematically if there's some regular pattern and what's going on in people's brains when prices are going up and before the crash is happening.

~Colin Camerer

Topics: Before Brains Bubble Crash Earthquakes Going Happening Like Over Pattern People Prices Regular See Some Study Then Up

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We see that hyperactivity and reward areas are important when the bubble's rising. People getting caught up in it. We also see areas involving mentalizing, which means thinking about other people: Who's buying? Who's selling? Do they know something? We see emotional areas before the crash that indicate a sense of uncertainty or dread.

~Colin Camerer

Topics: About Also Area Before Bubble Buying Caught Crash Dread Emotional Getting Important Indicate Involving Know Means Other People Reward Rising See Selling Sense Something Thinking Uncertainty Up Which

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Biography

Nationality: American

Type: Economist

Born: December 4th, 1959

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