The gap between typical and average (my ergodicity primer)

How far can typical and average diverge from each other? In many settings the answer is not much but in many more the answer can be a surprisingly large amount. These different settings are often not differentiated though leading to misleading statistics and beliefs. What differentiates these two types of systems? The answer is ergodicity.… Continue reading The gap between typical and average (my ergodicity primer)

Quadratic voting and family holdidays

What do family holidays and budget decisions in the Democratic caucus of the Colorado House of Representatives have in common? They are both, it turns out, pretty good use cases of quadratic voting (QV). If you're not familiar with QV try going here where Vitalik Buterin goes through it at some length. Basically it is… Continue reading Quadratic voting and family holdidays