Bill Miller

Bill Miller appointed trustee

Bill Miller, Chairman of LMM, LLC and Investment Management Company, and Chairman Emeritus of the Santa Fe Institute, joins LML’s board of trustees. We congratulate Bill and thank him for accepting his nomination. Read more

23

Ole Peters appointed External Professor at Santa Fe Institute

Today Ole joined SFI’s external faculty. In return we hope to welcome many SFI researchers in London over the coming years. Read more

32

Ergodicity Breaking in Geometric Brownian Motion

The paper by Ole Peters and Bill Klein is published in Physical Review Letters. It takes issue with the common but false assumption of ergodicity — the equality of time averages and expectation values Read more

28

City A.M. article by Alex Adamou

Alex Adamou introduces the notion of ergodicity and the role of time in economics in an op-ed article published in City A.M., London’s leading free business newspaper, on 4th Jan. He urges finance professionals to Read more

Nature Physics

“Gamble with time” by Mark Buchanan

Mark Buchanan writes in the January issue of Nature Physics about Ole Peters’ work on the St Petersburg paradox. Referring to Ole’s strategy of regarding time as a key concept, he writes “it’s more or less impossible to Read more

Jstat image

Information-theoretic model for communication

Ronald Dickman, Nicholas Moloney and Eduardo Altmann analyse an information-theoretic model for communication (introduced by Ferrer i Cancho and Solé), building on previous work by Read more

14 Buckingham Street

New LML offices

LML happily announces the location of its new offices at 14 Buckingham Street, London, WC2N 6DF. Read more

Gresham

Time, for a change.

Ole Peters’ Gresham lecture “Time, for a change” is now available online (audio, video, transcript). Some highlights from the lecture that may clarify a few comments we’ve received: Read more

Bookstaber

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

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