One possibly obvious implication that I think is missing: when processes are multiplicative rather than additive, it is much more important to avoid zeros at some point in the process. There’s an analogy here with (e.g.) the O-ring theory of economic development.
Nice post!
One possibly obvious implication that I think is missing: when processes are multiplicative rather than additive, it is much more important to avoid zeros at some point in the process. There’s an analogy here with (e.g.) the O-ring theory of economic development.