While this is not the high note of the paper, I read with quite some interest your notes about heavy tailed distributions.
I think that the concept of heavy tailed distributions underpins a lot of considerations in EA, yet as you remark many people (including me) are still quite confused about how to formalize the concept effectively, and how often it applies in real life.
Thank you for writing this!
While this is not the high note of the paper, I read with quite some interest your notes about heavy tailed distributions.
I think that the concept of heavy tailed distributions underpins a lot of considerations in EA, yet as you remark many people (including me) are still quite confused about how to formalize the concept effectively, and how often it applies in real life.
Glad to see more thinking going into this!