The Chicken Crash and the Science of Fair Odds February 13, 2025 – Posted in: Uncategorized
In behavioral finance and probability, the Chicken Crash offers a vivid metaphor for understanding randomness, long-term patterns, and the subtle interplay between fairness and bias in decision-making. At its core, a Chicken Crash—whether in traffic, markets, or social systems—represents a high-stakes moment where two opposing agents confront a risky choice: yield or collide. But beyond the drama, it reveals deep statistical principles that govern whether outcomes reflect true fairness or illusionary predictability. The Hurst Exponent…
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