Epstein Secrets

all outcomes are equally likely. The aim is 'to explain more by saying less', or at least start by saying less and see how far that takes us (c.f. Farmer et at (2005)). The principle that many market outcomes are determined more by the objective social structure than the particulars of individual rat

undations can be measured. For example, as a starting point, randomness can be modeled as selection from a uniform distribution, in accordance with Bernoulli's Principle of Insufficient Reason that states that in the absence of knowledge to the contrary assume all outcomes are equally likely. The aim is '

ant control parameters crosses a threshold. Doyne Farmer of the Los Alamos’s Prediction Company once said

x runs. The great analytic probabilist, William Feller, among many others, including the distinguished 18 Century Swiss family of mathematicians, the Bernoulli's, proved that computing a standard run score, srs, involves three terms, the theoretical expectation, E, of the number of runs, r, that is E(r), the

“dimensions,” that are currently being computed (Farmer et al, 1983; Grassberger and Procaccia, 1983; Mey

tentially pathophysiological both of the two extremes of entropy generation, fixed point and periodic behavior as the lowest and fair coin flipping, “Bernoulli” randomness as the highest, another descriptor, “complexity” is defined as maximal (optimal) midway through the entropy range, making a new kind of