3 ms·
Any law that's not based on a stochastic process, since stochastic processes can be gamed with a little bit of cleverness. If you don't believe me, just look a
by cndkxjsnf 10y ago
Any law that's not based on a stochastic process, since stochastic processes can be gamed with a little bit of cleverness. If you don't believe me, just look at HFT.
- Balgair 10y agoYou may want to read 'Thermal Physics' by Kittel and Kromer. It is the BIBLE of statistical mechanics and should straighten you out on why a statistical law is just as good as all others. And yes, it goes into great detail about when and how the statistical laws 'emerge', so to speak. Physicists have been 'worried' about what you mention in you comment for about a century and the science is very mature these days. Used copies start at ~$25. https://www.amazon.com/Thermal-Physics-2nd-Charles-Kittel/dp/0716710889 https://www.amazon.com/Thermal-Physics-2nd-Charles-Kittel/dp...
- lawpoop 10y agoWhat is HFT?
- nicolapede 10y agoHigh-Frequency Trading, I'd think.
- Florin_Andrei 10y agoYou chose a really, really bad comparison there.