Ergodicity Economics company blog
The infamous coin toss
In 2011 I gave a 15-minute talk to a lay audience in London. The topic I had chosen was ergodicity breaking, and the challenge was clear: how do you get this across? I invented a coin-toss gamble, which has since become a go-to illustration of ergodicity break
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- 206
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Math & AlgorithmsSociety, Policy & Culture2023
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Aug 2, 2023 | The infamous coin toss by beefman | 206 | 245 |