Neophyte_Bayesian comments on Points of Departure - Less Wrong

14 Post author: Eliezer_Yudkowsky 09 September 2008 09:18PM

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Comment author: Neophyte_Bayesian 10 September 2008 02:14:32AM 2 points [-]

"Hollywood Economics" by Arthur De Vany. He's a retired professor of economics and shows how box office returns are Pareto distributed. Fat tail, Black Swans. Not predictable, "sure things" that they so often want us to believe. The only thing Hollywood is good and predicable at is blowing investor cash.