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 “grasp the nettle of non-ergodicity” and directs them towards the work that Ole Peters and he are developing in this area.
http://www.cityam.com/forum/faulty-maths-didn-t-cause-the-crisis-risk-management-can-do-better
Download: cityam_page16_20130104.pdf
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