Abstract
In 2023, Nassim Taleb's book "Statistical Consequences of Fat Tails" was published in Russia, which does not correspond at all to the philosophical style of his previous works, but thematically continues them and deepens them instrumentally. Unlike the author's previous books, his latest work is overflowing with mathematical constructions against the background of meaningful statements of actual and large-scale problems of our time. However, acquaintance with the book novelty causes ambiguous impressions. The article discusses the main scientific passages of Taleb, which can be reduced to the following thesis: we know different statistical distribution laws that real events obey, but the available number of observations is usually very small and does not make it possible to determine which class of these laws the observed sample belongs to and what are the true statistical characteristics of phenomena. To reveal this statement, Taleb deduces various formulas, proves theorems, and performs calculations. From this point of view, the book is a useful set of instrumental problems for working with statistical samples. However, a broader reading of the book allows its author to address a lot of technical (instrumental), methodological (epistemological) and philosophical (theoretical) questions that remained unanswered in the book. It is shown that some provisions of Taleb's new book come into conflict with the methodological paradigm of his earlier works.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
