ludic fallacy

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English

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Etymology

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Identified by Nassim Nicholas Taleb in his book The Black Swan (2007).

Noun

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the ludic fallacy

  1. 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.
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