Nov 13, 2019, 9:21 AM
DEFINITION: PARSIMONY
“Lowest cost across all dimensions testable by man”
EXPANSION
– Given human faculties: sense, disambiguation (constant relations), perception(integration-prediction), auto-association-prediction, attention-prediction (will), recursion-prediction, and release of actions;
– And dimensions of tests of constant relations: free associative, categorical, logical, empirical, operational, rational choice, reciprocal rational choice, completeness;
Parsimony must refer to:
“Lowest Cost”, expanded to:
- the lowest cost (least information), description of a chain of causation
- surviving tests of: entropy, realism, naturalism, operationalism,
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and;
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bounded rational self interest:
- in the seizure of opportunity,
- from the field of identified opportunities,
- given the opportunity cost of the opportunity,
- determined by competition for the greatest return in the shortest time for the least effort, with the greatest certainty at the lowest risk,
- to the point of disequilibrium and subsequent re-equilibration,
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eliminating the opportunity from the field of opportunities.
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and
- reciprocity (repeating the above) is the only productive rather than parasitic (costly) means of interaction.
(- although parasitism and predation are profitable means of interaction, they are consumptive not productive.)
The difference between:
– Testimony (due diligence by self),
– Coherence(consistency by audience),
– Parsimony(competition by market),
… is grammatical (point-of-view), and an application of and conformity to,
– the law of epistemology (free association-idea-> hypothesis-surviving > theory-surviving > application-surviving)
I can fuss with this a bit to make it as tight as reciprocity and testimony, or any of the other definitions, but ‘skeptical subjective testing against Occam’s Razor serves as the colloquial reduction.