## Friday, October 16, 2009

### Entrepreneurial Model

• If you provide an idea that I haven't already thought of, i'll add it, and add your name to the list with a short description of what you helped with.

• Same goes for any contributions that I deem worthy.

• I tend to think in lists, if this is a problem, tough.

Some ideas:

• No perfect foreknowledge by entrepreneurs.

• Not even perfect statistical foreknowledge

• Failure must be a part of the model, simply because a lot of entrepreneurs fail.

• Entrepreneurs must not be directly profit seeking, but its ok if profits determine whether they succeed or fail.

• It seems to me that some variation of a genetic algorithm would be useful here possibly combined with predator-prey.

For math: Type your TeX math expression, in ....
For example \sqrt{a^2+b^2}
Looks like $$\sqrt{a^2+b^2}$$