A known relationship that is usually given axiomatically: Upon rearrangement gives the multiplication rule of probability: Now observe a cool set up that is handy…

12 Comments# Backwardinduction Posts

If you look at the ants you see that they are able to coordinate their actions. They navigate in the uncertainty by sharing some information…

One CommentOut of elementary events one can get possible outcomes. Where is an event that contains elementary events. Take set with the size as the only…

One CommentImagine a pile of rubble () where the separated elements of the pile are stones (). By picking stones we form a sample that we can sort by…

One CommentWhat makes math? Isn’t it just common sense? Yes. Mathematics is common sense. On some basic level, this is clear. How can you explain to…

One CommentWhat is dating and why do we even need it? Here is mine theory. I have not cross-referenced it with existing sciency literature, thus, it…

One CommentGame theory is ridiculous. The first acquaintance with main “solution concepts” usually produces a question “wtf?!” in a man with a good common sense. Good…

Leave a CommentIt must be a good restaurant since the line is so long. Hm… you are likely just failed to update your beliefs in a rational way. Imagine…

One CommentAlways start from the histogram, any non-parametric density estimation methods are essentially fancier versions of a histogram. Compare the problem of choosing and optimal size of…

One CommentCheck my presentation on an empirical model of firm entry with endogenous product-type choices. (here) A normal reaction to the presentation’s topic should be “whaat? why…

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