Bookstaber

“A crack in the foundations — more readings” by Rick Bookstaber.

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One year on from Rick’s first piece discussing Ole Peters’ work “Menger 1934 revisited”, here’s an update of what has happened since.  Read more →

lml_square

LML achieves charity status.

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Today LML was entered into the register of charities with the Charity Number 1149490. Read more →

Ole Peters

Ole Peters speaks at Workshop “Combining Information Theory and Game Theory”, Santa Fe Institute, USA

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Utility vs. Dynamics. http://www.santafe.edu/research/sfi-theme-weeks/citgt/presentation-abstracts/ Read more →

Ole Peters

Ole Peters speaks at University of Maryland, USA

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Non-ergodic dynamics of economic models. http://www.photonics.umd.edu/applied-dynamics/archive.html

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Tower Watson

“The irreversibility of time” by TowersWatson.

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Tim Hodgson sent us the work he did with his team at TowersWatson, extracting basic concepts and lessons for the investment industry from our work in non-ergodic economics. Read more →

lml_square

“Partial ensemble averages in geometric Brownian motion” submitted.

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In this paper Ole Peters and Bill Klein clarify two important issues in geometric Brownian motion. They show analytically, using extreme-value theory, that the time-average growth rate for a finite ensemble is the same as Read more →

lml_square

LML appoints trustees.

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In its first board meeting LML has today appointed the following three trustees: Jan-Peter Onstwedder, Oliver Schuppart, and Duncan Kennedy. We congratulate the trustees and thank them for accepting their nominations. Read more →

20

LML is incorporated.

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We’re celebrating today because we exist! LML is now a charitable company registered in England and Wales with the Company Number 8202599. The next step will be to obtain approval from the Charity Commission. Read more →