Random accumulation and simulated monkeys figure quite deliberately in this two-part study (it parallels the recent findings of the Ig Nobel Prize-winning team who won their Ig for showing that promoting people at random can produce better results than promoting by other methods): “An evaluation of alternative equity indices. Part 1: Heuristic and optimised weighting […]
Tag: random
Long-term results: Should You Trade Stocks Randomly?
The Ig Nobel Prize-winning Italian researchers who demonstrated the benefits, for organizations, of promoting people at random have turned their analytical weapons on a new target. Their new study examines what happens over the long term if one randomly, rather than systematically, chooses stocks: “Are random trading strategies more successful than technical ones?” A.E. Biondo, […]
On the efficiency of the new Italian Senate
Undiscouraged by history, the winners of the 2010 Ig Nobel Prize for management have applied their methods to try to make sense of the current state of Italian national politics. Their new study is: “On the efficiency of the new Italian Senate and the role of 5 Star Movement: Comparison among different possible scenarios by […]
A proudly random organization
In Ireland dwells an organization that emphatically, insistently describes itself as being random. They offer this description [presented here only in part]: RANDOM.ORG is a true random number service that generates randomness via atmospheric noise. This page explains how RANDOM.ORG came about back in 1997 and how it has progressed through different stages to the […]