4 ms·
>chaotic systems are predictable Sprinkle in any measurement uncertainty and you no longer know the initial conditions. Hence, real world chaotic systems are u
by iskander 14y ago
>chaotic systems are predictable
Sprinkle in any measurement uncertainty and you no longer know the initial conditions. Hence, real world chaotic systems are unpredictable.
>by "efficient" we mean that it doesn't violate physical laws.
So...an inefficient market is one in which all the participants are time travelers?
- lutusp 14y ago> Sprinkle in any measurement uncertainty and you no longer know the initial conditions. Hence, real world chaotic systems are unpredictable. Which part of your answer replies to my statement? Chaotic systems are predictable. All one needs are the initial conditions. Circle the word you didn't understand and raise your hand. Nothing is more common than an organization which exploits public ignorance of the innate predictability of complex systems.