A Brief Introduction To Ludic Models, Their Purpose And Origins
In contrast to evidence-based models in which the scientific method is used to hypothesize, or predict, desired mechanisms, ludic models utilize chance to discover unpredictable evidence of useful mechanisms: their overall aim is thus broader, less agreeable to purely scientific use and open to celestial exegesis.
First codified in the twelfth century by the Patriarch of Constantinople, Pertinax Ludicrous Exomphalos, who introduced the notion of "essential serendipity" to the method, ludic modelling passed to China in the middle Qing period -- introduced by the Jesuits -- and thereafter to the Academy of Lagado at Balnibarbi, where it flourished under the patronage of the Princess Öni'krô.
Initially used in China and Balnibarbi in the treatment of depression, or chi stagnation, physician's portable demonstration ludic models were in use throughout Europe until the early twentieth century.
With introduction of financial derivatives in the late twentieth century, ludic modelling enjoyed renewed interest in the form of fetishistic schemes designed to boost bonuses by finagling quantitative modeling of risk.
The tangible examples shown here are chosen for their historical interest rather than their potency.