Ergodicity Econmics as alternative to Behavioural econ.

behavioural economics has been very succesfull in the past decades becuse it ofund fault in the narrow descriptio of the rational man

I understand that ergodicity economics want to relax the narrow ergodicity hypoithesis in economics to show as rational some of those decisions that for behavioural economics where biased and irrational

Probability weighting and Ergodicity Economics

technologists for the environment

Chris Sacca the legendary early investor of Uber, Twitter, Instagram, Stripe, Kickstarter claims he no lo ger investing in tech, he will invest only in envirnment, democracy and justice

Screenshot 2020-03-02 at 15.26.18

Ramez Namm is a former Microsoft whio gained fame as a science fiction writer. He is a staunch bliever that clean technology has legs to run on its own. He tours the world, lecturing fund managers on how they should invest for money not for morals

Screenshot 2020-03-02 at 15.30.57

Deeplearning and organic chemistry

there’s things so specific that you never get to know them and if you do you are not able to retrieve unless you have noted down its name or some keyword

“neural networks applied to computed molecular fingerprints or expert-crafted descriptors and graph convolutional neural networks that construct a learned molecular representation by operating on the graph structure of the molecule.”

from here https://pubs.acs.org/doi/abs/10.1021/acs.jcim.9b00237

more AI and drug discovery though

Farmer’s fable (ergodicity economics)

sharing is actually maximizing profit https://www.farmersfable.org/ a cartoon that show how sharing to reduce fluctuation leave both parties better off (on a random walk)

Screenshot 2020-02-13 at 15.44.36

 

Homo Ergodicus https://glandfried.github.io/post/homoergodicus/

“Multiplicative process offers a concrete physical advantage in favor of cooperative behavior”

Also, Warren Buffet’s 3 rules in light of ergodicity  (St. Peterburg’s Paradox explained) https://sinaas.blogspot.com/2020/02/warren-buffetts-rules-nr-12-and-3-in.html