Category: Technical
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An ergodicity perspective on reinforcement learning
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“Reinforcement learning, a powerful branch of artificial intelligence (AI), has revolutionized the way machines learn and make decisions. From training […]
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For to withhold is to perish
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A central puzzle in evolutionary biology is that of spontaneous altruism. When two creatures interact, why might one sacrifice something […]
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Insurance as an ergodicity problem
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The business of insurance, by various measures, is the largest industry on earth. Somewhat surprisingly, mainstream economics struggles to explain […]
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The infamous coin toss
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In 2011 I gave a 15-minute talk to a lay audience in London. The topic I had chosen was ergodicity […]
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What’s a growth rate, really?
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Growth rates are at the heart of ergodicity economics, and economic news are full of them, too — “GDP grew […]
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The Copenhagen experiment
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A few weeks ago I was made aware of an experiment that was recently carried out in Copenhagen, by a […]
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Economics 101: Bertrand Russell is the Pope
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If we assume that a false proposition is true, we can prove anything (ex falso quodlibet). Bertrand Russell, so the […]
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The trouble with Bernoulli 1738
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Not all academic fields have a clear starting point, a seminal paper that constitutes the foundation of the entire discipline. […]
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Wealth: redistribution and interest rates
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The most interesting scientific projects are those that surprise, when the mathematics, or the code, tells us something we didn’t […]
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Winner take all
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Michael Mauboussin recently re-tweeted an article by Jason Zweig in the Wall Street Journal titled “Disturbing New Facts About American […]
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Reproducibility and weak ergodicity breaking
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The term “weak ergodicity breaking” helps categorize things by their ergodic properties: ergodic strongly non-ergodic weakly non-ergodic This list is […]
