
Luca Dellanna on Risk, Ruin, and Ergodicity
EconTalk
Understanding Ergodicity and Non-Ergodicity in Processes
The podcast discusses the concept of ergodicity and non ergodicity./nThe author shows a wise and thoughtful strategy by not defining the term ergodic or using it until later in the book./nErgodic processes refer to activities where the outcome of an activity done many times by one person corresponds to the outcome of the activity done once by many people.
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.