My guess is that the work of quantifying small probabilities scales up with how small probability is, given the number of rare events that one has to take into consideration. I wonder if this can be estimated. It would be some function of 1/p, assuming a power law scaling of the number of disjunctive possibilities.
My guess is that the work of quantifying small probabilities scales up with how small probability is, given the number of rare events that one has to take into consideration. I wonder if this can be estimated. It would be some function of 1/p, assuming a power law scaling of the number of disjunctive possibilities.