
Ergodicity — Ole Peters
The Joe Walker Podcast
Is Expected Utility Theory for a Dynamic Context?
Expected utility theory is made for a temporal world where we don't have time. It was never intended to apply to dynamic contexts, he says. Saidye: "Our models are usable in practice, te they're just, that is very simple"
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.