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January 2, 2009
Research Paper du Jour: The Impossibility of Impossibility
I couldn't at first get past the title of this one, but the idea is interesting once you do:
On the Impossibility of Events of Zero Probability
Asad Zaman
International Institute of Islamic EconomicsAbstract:
A logically consistent way of maintaining that events of zero probability are actually impossible is presented.
Admittedly, the idea initially remind me of something from Douglas Adams. So, in addition to being required reading for quants and credit analysts, maybe it should also go out to zebra crossing guards.
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