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104: Snakes in a cave, or why biases aren't bugs

Trigger Strategy is now Tentacles

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Understanding Ergodicity: The Dynamics of Outcomes in Parallel and Sequential Trials

This chapter delves into the distinction between ergodic and non-ergodic systems, using engaging examples like Russian roulette to illustrate their differences. It also discusses the implications of ergodicity in economics and the challenges associated with identifying genuine ergodic situations.

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