- Russian Lottery
Today, during my microeconomics class at UC Berkeley, I came across an interesting paradox that reminded me of one of The Drunkard’s Walk main thesis. In his book, Leonard Mlodinow argues that most people react badly to situation involving probabilities due to their inaptitude at calculating probabilistic outcomes correclty. The St. Petersburg paradox is a [...]
- The Drunkard’s Walk
I was walking to a lecture this afternoon when a new poster in one of the engineering building captured my attention. It was about the next Perimeter Institute public lecture entitled The Drunkard’s Walk: How Randomness Rules Our Lives. A weird coincidence since it happened to be the title of the last book I read. [...]
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