The Logic of Miracles: Making Sense of Rare, Really Rare, and Impossibly Rare Events - Hardcover

Mero, Laszlo

 
9780300224153: The Logic of Miracles: Making Sense of Rare, Really Rare, and Impossibly Rare Events

Inhaltsangabe

We live in a much more turbulent world than we like to think, but the science we use to analyze economic, financial, and statistical events mostly disregards the world’s essentially chaotic nature. We need to get used to the idea that wildly improbable events are actually part of the natural order. The renowned Hungarian mathematician and psychologist László Méro explains how the wild and mild worlds (which he names Wildovia and Mildovia) coexist, and that different laws apply to each. Even if we live in an ultimately wild universe, he argues, we’re better off pretending that it obeys Mildovian laws. Doing so may amount to a self-fulfilling prophecy and create an island of predictability in a very rough sea. Perched on the ragged border between economics and complexity theory, Méro proposes to extend the reach of science to subjects previously considered outside its grasp: the unpredictable, unrepeatable, highly improbable events we commonly call “miracles.”

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Über die Autorin bzw. den Autor

László Méro is a professor at the Institute of Psychology at Eötvös Loránd University and cofounder of the marketing firm Darwin’s Marketing Evolution, Inc. He is the author of several books, including Moral Calculations.

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