Cases of inappropriate regulation are expensive, whether through wrong assumptions or simply bad drafting.
Market modeling, just as with economic modeling can be criticized for making too many or indeed making the wrong assumptions.
Tiomkin thinks people make the wrong assumptions about him all the time.
The proverbial wrench in the works is if the FOMC is making the wrong assumptions about the economy and the direction of interest rates.
Making the wrong assumptions, he worried, might prevent innovation in future.
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The exceptionally tortured analysis Professor Crawford must employ to posit that cable is becoming a monopoly is comically weak conceptually, wholly dependent on obviously wrong assumptions, and is completely unsupported by the facts.
For a thorough deconstruction of hundreds of large business failures where smart people at good companies got their assumptions wrong, see my book, Billion-Dollar Lessons: What You Can Learn From The Most Inexcusable Business Failures of the Last 25 Years.
Part of the problem with bad assumptions is that we forget we make them, so we continue down the wrong path long after our assumptions have been disproved.
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Both assumptions are wrong as amply proven by over 80 years of U.S. tax history.
It has become so obvious that the AGW assumptions are wrong that even stern supporters are jumping ship.
Third they disappointed investors with over-optimistic content negotiation assumptions and wrong subscriber estimates.
The stark reality is that both of these assumptions are wrong.
Mr. Bernanke said he expects growth to pick-up, but says that if the Fed is wrong in its growth assumptions the FOMC has a variety of tools to help spur activity in an effort to boost employment.
But what if those assumptions are wrong?
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Or often your assumptions may be wrong and so what you think may be right is proven wrong.
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Those assumptions would be wrong, as there is still plenty of disagreement on carbon pricing versus cap and trade.
Failed assumptions and the wrong core thinking for the problems at hand.
With due respect Ewans, i think some of your assumptions here are wrong and i will give you 3 good reasons RIM could be a winner with blackberry 10.
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"Everyone envisioned volume coming in large chunks, but the assumptions were all wrong, and prices plummeted 60% to 80% a year for wholesale bandwidth, " says Susan Kalla, an analyst with Friedman Billings.
On the other, Brandeis offered regulatory solutions grounded on a set of economic assumptions that were fundamentally wrong.
Gates always spoke his mind and never missed an opportunity to taunt if your assumptions or facts were wrong.
All of these assumptions could turn out to be wrong, but probably not.
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Hammer makes two assumptions, both of which are wrong.
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So assume away, but be sure to allow for the possibility that your assumptions are either premature, myopic or even dead wrong.
The numbers are small because they are the small residual of calculations involving some other, extremely large, numbers, over long time periods, subject to assumptions which will almost certainly turn out to be wrong, in one direction or another.
Creativity requires curiosity, questioning assumptions, resisting conventional thinking, and an ego with the courage to be wrong a lot.
Assumptions about investor risk tolerance implied in age-based asset allocation models are just plain wrong.
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