Documentary Of The Week: Ergodicity In Economics And Finance
Written by John Lounsbury
Ergodicity is a property sometimes misapplied in economics. A system is ergodic if the time average of a process and the position average are identical. This week’s video is a lecture that explains just what that means in simple processes and how economics is impacted. Hat tip to @LarsPSyll who has this video on his blog. Prof. Syll refers to the subject as “wonkish” (which it may well be), but its understanding is of fundamental importance for anyone interested in economics and financial systems.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202011050543
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-809-8385 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper -
Bioavailable Copper
destroys
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans
out
toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification,
mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter
radiation by 96%! (See Video)
Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.
| Online: | |
| Visits: | 1,142,189,356 |
| Stories: | 7,334,037 |
Whistler Blowers, Insiders
