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020 a| 9780300224153q| (hardcover);

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100 1 a| Mérő, László.=| ^A403309;

245 14 a| The logic of miraclesh| [electronic resource] :b| making sense of rare, really rare, and impossibly rare events /c| László Mérő ; translated from the Hungarian by Márton Moldovan ; translation edited by David Kramer.;

260 a| New Haven ;a| London :b| Yale University Press,c| [2018];

300 a| xii, 275 pages :b| illustrations, charts ;c| 22 cm;

504 a| Includes bibliographical references (pages 255-266) and index.;

505 0 a| Part one. Secular miracles -- On the existence of miracles -- The mild world and the wild world -- The source of miracles: Gödel's idea -- Part two. The mild world -- The power of normal distribution -- The extremities of Mildovia -- The sources of equilibrium -- Part three. The wild world -- The mathematics of the unpredictable -- Scale-invariance -- The levels of wildness -- Life in Wildovia -- Part four. Preparing for the inconceivable -- Adapting to Wildovia -- Antifragility -- Convertible knowledge.;

506 a| Available only to authorized users.;

520 a| 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 Mérő 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, Mérő proposes to extend the reach of science to subjects previously considered outside its grasp: the unpredictable, unrepeatable, highly improbable events we commonly call "miracles." -- Provided by publisher.;

538 a| Mode of access: World Wide Web;

546 a| Translated from the Hungarian.;

650 0 a| Probabilities.=| ^A14253;

650 04 a| káoszx| gazdasági élet;

650 04 a| eloszlásx| matematikai közgazdaságtan;

650 04 a| átlag és kivétel;

650 04 a| üzleti életx| matematikax| alkalmazás;

650 7 a| Probabilities.2| fast0| (OCoLC)fst01077737;

655 0 a| Electronic books.=| ^A491897;

700 1 a| Moldován, Márton.?| UNAUTHORIZED;

700 1 a| Kramer, David.?| UNAUTHORIZED;

856 40 z| Full text available from Ebook Central - Academic Completeu| https://ebookcentral.proquest.com/lib/eastcarolina/detail.action?docID=5340631;

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The logic of miracles making sense of rare, really rare, and impossibly rare events / László Mérő ; translated from the Hungarian by Márton Moldovan ; translation edited by David Kramer.

Author/creator	Mérő, László
Other author	Moldován, Márton.
Other author	Kramer, David.
Format	Electronic
Publication Info	New Haven ; London : Yale University Press, [2018]
Description	xii, 275 pages : illustrations, charts ; 22 cm
Supplemental Content	Full text available from Ebook Central - Academic Complete
Subjects	Probabilities. káosz--gazdasági élet. eloszlás--matematikai közgazdaságtan. átlag és kivétel üzleti élet--matematika. --alkalmazás.

Contents	Part one. Secular miracles -- On the existence of miracles -- The mild world and the wild world -- The source of miracles: Gödel's idea -- Part two. The mild world -- The power of normal distribution -- The extremities of Mildovia -- The sources of equilibrium -- Part three. The wild world -- The mathematics of the unpredictable -- Scale-invariance -- The levels of wildness -- Life in Wildovia -- Part four. Preparing for the inconceivable -- Adapting to Wildovia -- Antifragility -- Convertible knowledge.
Abstract	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 Mérő 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, Mérő proposes to extend the reach of science to subjects previously considered outside its grasp: the unpredictable, unrepeatable, highly improbable events we commonly call "miracles." -- Provided by publisher.
Bibliography note	Includes bibliographical references (pages 255-266) and index.
Access restriction	Available only to authorized users.
Technical details	Mode of access: World Wide Web
Language	Translated from the Hungarian.
Genre/form	Electronic books.
LCCN	2017955615
ISBN	9780300224153 (hardcover)
ISBN	030022415X (hardcover)

The logic of miracles making sense of rare, really rare, and impossibly rare events / László Mérő ; translated from the Hungarian by Márton Moldovan ; translation edited by David Kramer.

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