Saturday, January 30, 2010

Black Swan and Global Warming

Grim has a very elegant post describing Nassim Taleb's quadrant-theory and how it applies to GloboWarming.

Nassim Taleb speaks of a kind of statistical modeling that cannot work. It is what he calls "the Fourth Quadrant." There are three others; they are arranged on a square grid.

That's the start. Worth the read.

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