A neat stylised fact, if it’s true. It would be cool to see people checking it in more domains.
I appreciate that Ege included all of examples, theory, and predictions of the theory. I think there’s lots of room for criticism of this model, which it would be cool to see tried. In particular, as far as I understand the formalism, it doesn’t seem like it is obviously discussing the costs of the investments, as opposed to their returns.
But I still like this as a rule of thumb (open to revision).
A neat stylised fact, if it’s true. It would be cool to see people checking it in more domains.
I appreciate that Ege included all of examples, theory, and predictions of the theory. I think there’s lots of room for criticism of this model, which it would be cool to see tried. In particular, as far as I understand the formalism, it doesn’t seem like it is obviously discussing the costs of the investments, as opposed to their returns.
But I still like this as a rule of thumb (open to revision).