I am not versed in economics literature, so I can’t meet your need. But I have also encountered ergodicity economics, and thought it was interesting because it had good motivations.
I am skeptical for an entirely different reason; I encountered ergodic theory beforehand in the context of thermodynamics, where it has been harshly criticized. I instinctively feel like if we can do better in thermodynamics, we can employ the same math to do better in other areas.
Of course this isn’t necessarily true: ergodic theory might cleave reality better when describing an economy than gas particles; there is probably a significant difference between the economics version and the thermodynamics version; the criticism of ergodic theory might be ass-wrong (I don’t think it is, but I’m not qualified enough for strong confidence).
I am not versed in economics literature, so I can’t meet your need. But I have also encountered ergodicity economics, and thought it was interesting because it had good motivations.
I am skeptical for an entirely different reason; I encountered ergodic theory beforehand in the context of thermodynamics, where it has been harshly criticized. I instinctively feel like if we can do better in thermodynamics, we can employ the same math to do better in other areas.
Of course this isn’t necessarily true: ergodic theory might cleave reality better when describing an economy than gas particles; there is probably a significant difference between the economics version and the thermodynamics version; the criticism of ergodic theory might be ass-wrong (I don’t think it is, but I’m not qualified enough for strong confidence).