Textbook

Coming soon…

In the meantime, we recommend this paper as a starting point.

Research papers

• Wealth inequality and the ergodic hypothesis: evidence from the United States (2021).
  Berman, Peters, Adamou.
• The two growth rates of the economy (2020).
  Adamou, Berman, Peters.
• What are we weighting for? A mechanistic model for probability weighting (2020).
  Peters, Adamou, Kirstein, Berman.
• The ergodicity problem in economics (2019).
  Peters.
• Ergodicity-breaking reveals time optimal decision making in humans (2019).
  Meder et al..
• Microfoundations of discounting (2019).
  Adamou, Berman, Mavroyiannis, Peters.
• Comment on D. Bernoulli (1738) (2019).
  Peters.
• The sum of log-normal variates in geometric Brownian motion (2018).
  Peters, Adamou.
• The time interpretation of expected utility theory (2018).
  Peters, Adamou.
• A recipe for irreproducible results (2017).
  Peters, Werner.
• Dynamics of inequality (2016).
  Adamou, Peters.
• Evaluating gambles using dynamics (2016).
  Peters, Gell-Mann.
• An evolutionary advantage of cooperation (2015).
  Peters, Adamou.
• Insurance makes wealth grow faster (2015).
  Peters, Adamou.
• Ergodicity breaking in geometric Brownian motion (2013).
  Peters, Klein.
• Leverage efficiency (2011).
  Peters, Adamou.
• Menger 1934 revisited (2011).
  Peters.
• The time resolution of the St Petersburg paradox (2011).
  Peters.
• Optimal leverage from non-ergodicity (2011).
  Peters.