ludic fallacy
Appearance
English
[edit]Etymology
[edit]Identified by Nassim Nicholas Taleb in his book The Black Swan (2007).
Noun
[edit]- The misuse of game when modeling real-life situations.
- 2007, Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable, page 286:
- I have explained the ludic fallacy with the casino story, and have insisted that the sterilized randomness of games does not resemble randomness in real life.