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Ergodicity — Ole Peters

The Joe Walker Podcast

CHAPTER

The Egoticity Economics Critique of Expected Utility Theory

Expected utility theory is probably a good point to start, because it's a touching point. Soe an take am er the approach of agodicity economics and answer the sorts of questions that are usually answered using expected utility theory. Proceeding with your definition of egadicity. The definition we discussedi at the very beginning of the conversation. How is it relevant to economics and finance? What is the the egadicity economics critique of expected utility theory?

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