EconTalk cover image

Chaos and Complexity Economics (with J. Doyne Farmer)

EconTalk

00:00

Winning at Roulette: Lessons from Randomness

This chapter explores a unique experience at the roulette table that challenges conventional notions of randomness and prediction. It details how a group of graduate students used a wearable digital computer to gain an edge in gambling, leading to broader insights into economic modeling and the complexities of statistics.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app