Econowmics -

[Python] Catalan Numbers

You cannot evade quantity. You may fly to poetry and music, and quantity and number will face you in your rhythms and your octaves....

Python Programming / Statistics / Terms and Concepts

Shakespeare’s Nightmare: Monkeys on Typewriters

If the monkey could type one keystroke every nanosecond, the expected waiting time until the monkey types out Hamlet is so long that the...

Behavioral Economics

End of history illusion

History is that certainty produced at the point where the imperfections of memory meet the inadequacies of documentation. Julian Barnes, The Sense of an...

Behavioral Economics

The Law of small numbers

Amos and I called our first joint article “Belief in the Law of Small Numbers.” We explained, tongue-in-cheek, that “intuitions about random sampling appear...