3 ms·
Since the market economy is supposed to search for Pareto optimality (local optima) why not view the lottery as a way to find a better global optima by randomly
by CuriousSkeptic 11y ago
Since the market economy is supposed to search for Pareto optimality (local optima) why not view the lottery as a way to find a better global optima by randomly kicking the system out of its local optima. Similar to how annealing [1] uses random jumps.
[1] https://en.m.wikipedia.org/wiki/Simulated_annealing https://en.m.wikipedia.org/wiki/Simulated_annealing