Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The coastline paradox is actually a great example.

You can never price in all externalities, but you sure as hell can improve your pricing of externalities from what it is (in the same way a 1km resolution of coastline is better than a 100,000km resolution)



Not really. One is kinda a fractal and one is kinda a converging geometrical series I believe?


I would love for you to go one layer deeper on how pricing externalities is a converging geometric series.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: