We are surrounded by random events every day. Will the stock market rise or fall tomorrow? Will the next penalty kick in a soccer match go left or right? Will your lottery ticket finally win? Often, ...
“To swim against the current of human intuition is a difficult task. ... the human mind is built to identify for each event a definite cause and can, therefore, have a hard time accepting the ...
Games have used chance since the first roll of dice. Whether someone spins a colorful slot reel or opens a loot box, the next outcome is always unknown. From board games to modern phone apps, chance ...
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Decision making: Profiting from randomness

"No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word," wrote Nassim Nicholas TalebIs the business world inherently chaotic, or is ...