Table of Contents

Predicting the Future in Science, Economics, and Politics

Predicting the Future in Science, Economics, and Politics

Edited by Frank Whelon Wayman, Paul R. Williamson, Bruce Bueno de Mesquita and Solomon Polachek

It is a puzzle that while academic research has increased in specialization, the important and complex problems facing humans urgently require a synthesis of understanding. This unique collaboration attempts to address such a problem by bringing together a host of prominent scholars from across the sciences to offer new insights into predicting the future. They demonstrate that long-term trends and short-term incentives need to be understood in order to adopt effective policies, or even to comprehend where we currently stand and the sort of future that awaits us.

Editor’s introduction to Part IV

Frank Whelon Wayman

Subjects: economics and finance, game theory, international economics, politics and public policy, international politics, international relations, public policy


Forecasting the future is especially difficult when predicting rare events such as volcanic eruptions, earthquakes, nuclear weapons acquisition, or war. In this part of the book, we examine methods for making such predictions. If a predictor variable rarely changes much, and tends to persist, then it can be used to predict something that otherwise might be quite surprising. Tago and Singer (Chapter 8) use this insight to predict nuclear proliferation. For example, rivalries between sovereign states (such as the Franco-German rivalry of 1870–1945, the US–Soviet rivalry of the Cold War, or the Indo-Pakistani rivalry since their independence in 1947) tend to be very persistent, and to be strong predictors of nuclear weapons proliferation. Tago and Singer show that such a focus can successfully predict nuclear weapons proliferation in the past, and yield forecasts about likely future nuclear programs. Their forecasts, for developments two decades out, will gradually be verified, or not, with the benefit of hindsight. The Israeli destruction of what appears to have been a Syrian nuclear facility in September 2007, for instance, is indicative of a hotspot that could be predicted by Tago and Singer from the model in their chapter (based on Syria’s rivalry with Israel, etc.).

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information