Logic of Miracles: Making Sense of Rare, Really Rare & Impossibly Rare Events

$55.00

Logic of Miracles: Making Sense of Rare, Really Rare & Impossibly Rare Events

SKU: 9780300224153 Category: Product ID: 36712

Description

Temporarily out of stock

Title: Logic of Miracles: Making Sense of Rare, Really Rare & Impossibly Rare Events
Author: MERO LASZLO
Format: HARDCOVER
Publication date: 15/04/2018
Imprint: YALE UNIVERSITY PRESS
Price: $55.00
Publishing status: Active

Why we need a science of miracles.

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.”

ISBN: 9780300224153
Pages: 288