Category: Press
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Evaluating gambles using dynamics
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Ole Peters and Murray Gell-Mann have published a paper in the American Institute of Physics (AIP) journal Chaos. Find out more about it in this article from the AIP.
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Science on Screen: The Balmond Studio Interview
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The LML fellows were recently interviewed by Balmond Studio for the Science on Screen Programme. “What’s deeply fascinating about science is identical to what’s fascinating about film.
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Scientific Work Experience
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From 15-16th January, LML welcomed Hiro, Ren and Suzuka from the Japanese School in London for scientific work experience. On the first day the students were given a tutorial survey of time series,
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Tongue-tied by authority
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LML was delighted to host three distinguished speakers at the event, Tongue-tied by authority, held on 12th November 2014 The event explored the themes of academic authority and paradigm shifts.
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Scientific Work Experience
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From 15-16th January LML welcomed Rika Yoshitani and Yudai Yoshida from the Japanese School in London for a scientific work experience. On the first day the students were introduced to time series
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“Why we underestimate risk by omitting time as a factor” by Mark Buchanan
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Writing for Bloomberg, Mark Buchanan explains the conceptual difference between classical behavioral utility theory and Ole Peters’ work on risk that emphasizes the non-ergodic nature of models of wealth dynamics.
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City A.M. article by Alex Adamou
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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
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“Gamble with time” by Mark Buchanan
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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
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“Ergodicity — the biggest mistake in economics?” by Mark Buchanan.
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Three recent blog entries by Mark Buchanan about our work in non-ergodic economics.
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“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.