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Datum:29. 5. 2012
Název: Kdo je Ehrlich?
Autor:František Marčík
Zde je přesnější rozbor celé sázky, než jak jej uvádí česká Wiki.

"In fact, Ehrlich and Simmons both made the same mistake—they assumed that all other variables that effect price, such as demand, would either be held constant or only help their bets. But this was clearly not the case. In the fall of 2008 after the global economy imploded, oil demand declined all over the globe, and the price of oil fell accordingly from a peak of over $140 per barrel to just over $30. Energy prices are another influential factor. It is easy to counteract the effects of depletion (e.g. declining ore grade) by applying more energy (i.e. effort) in extraction, and as long as energy prices are low, this will not have a large impact on the cost of production. But as oil itself depletes and becomes more expensive, applying more energy in extraction to counteract the effects of depletion becomes less tenable.
...
The bets made by Ehrlich and Simon as well as Simmons and Tierney were faulty because they assumed ceteris paribus conditions; that all other conditions aside from the one on which the bet is made (depletion in these cases) will not influence prices. In the real world, however, there are a number of factors that influence price. As a result, it is incorrect for Tierney to claim that his victory, or that of Simon, is a validation of the economists’ viewpoint on the price of commodities. The economists were lucky, and the scientists unlucky."

http://www.theoildrum.com/node/7343

 
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