"Resources only state that delta affects the premium, which is vague."
Where do you see this? Maybe I can help interpret. Raw model delta doesn't "affect" premium. (Similarly, your car's speed is not affected by its location.)
Anyone following Ole Peters blog? Ergodicity Economics He is a Santa Fe Institute researcher trying (since 2010 or so) to rewrite Expected Utility Theory using ergodicity, replacing ensemble expectations with time-averages whenever appropriate. But it seems to me Aaron Brown did something similar i...
<r>Cuch, thanks for that link on Poincare -- good stuff.Set theory is one place to find people really doing cartwheels in the philosophy of mathematics (Kronecker, Cantor, Brouwer, Hilbert, etc <URL url="http://en.wikipedia.org/wiki/Controversy_over_Cantor%27s_theory"><LINK_TEXT text="http://en.wiki...
<t>>> Athletico -- are you recommending this out of your personal library? Yes, picked this up off my shelf multiple times. I think you will like it specifically based on your statement: 'I'm looking for stuff like, how 10 fingers on human hands became base-10 mathematical ordering, how much of obje...
<t>QuoteOriginally posted by: acastaldoQuoteOriginally posted by: Traden4Alphathe ongoing pattern in many developed countries of deficit spending during the "good" years and even higher deficit spending during the bad years is a huge structural problemThis is the key issue IMHO as well. (And poor ol...
<t>QuoteOriginally posted by: PaulNo electricity in the 1970s, the unburied dead, living in the North West, toilet paper shortages, then Boy George and 16% interest rates in the 1980s...made a proper man of me. Not a girly man like all you youngsters today.PBoy George, Thompson Twins etc.. now that ...
<t>QuoteOriginally posted by: farmerI think it is safe to say the verdict is in, and the effect of QE is known: It encourages people to pursue the most useless activities.1) Building more houses when we already have a glut of houses, whereas people haven't bought a new car in 10 years and can't affo...
<r>There was a little hissy fit between Krauss and David Albert, a Columbia Univ philosopher, after Albert panned Krauss' book in the NYT a year ago:<URL url="http://www.nytimes.com/2012/03/25/books/review/a-universe-from-nothing-by-lawrence-m-krauss.html?_r=0Albert"><LINK_TEXT text="http://www.nyti...
<t>QuoteOriginally posted by: CuchulainnQuoteOriginally posted by: trackstarQuoteOriginally posted by: ppaupermick jagger was in what Family Guy called "the gayest music video ever" with Bpwie in the 1980sProbably this:Dancing in the Streets - Jagger and BowieThey were different in 1964 (written Bri...
QuoteOriginally posted by: CuchulainnYeah, everytime I hear it aaaargh. Almost as bad as Bryn Adam, Meatloaf and this aaarghI suppose we all have bad days.Ugh.. yeah any version of Hotel California without Don Felder doesn't count.