A DEFENSE OF THE “GAUSSIANS.”

March 28, 2011 at 11:01 PM · Economics, Politics

A DEFENSE OF THE “GAUSSIANS.” Nicholas Nassim Taleb is very critical of the “Gaussian” financial theorists who assume that a bell-shaped curve can be used to model financial markets. (A bell-shaped curve results from a “normal” probability distribution, sometimes referred … Continue reading →

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