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popularization and repackaging of ideas formulated discussion of cognition in The Black Swan "adequate if a bit
spotty and dated", failing to see that his knowledge of the
elsewhere, but the expression of original thought in a
subject is missing a central element --before my own
very idiosyncratic format --by a member of society who collaboration with Dan Goldstein (triggered by reactions to my
feels entirely free to express his thought in any format lecture at the 2006 meeting of the Society of Judgment and
he likes, as aggressively as he wishes, and to satisfy Decision Making in Toronto), there was no research on the
whatever sense of aesthetics he feels entitled to have perception of the statistical differences in domains (scalable
and nonscalable) and the separation of intuitions with respect
(which in a way is what academic freedom is all about).
to fat tails.
robustness does not come from choice of distribution, but parameters to fit). But the problem of adding layers of possible
choice of payoff --the point on which the notion of fourth jumps, each with a different probabilities opens up endless
quadrant is based (Blyth 2010, this issue). possibilities of combinations of parameters.