Finite and Infinite Games: Difference between revisions
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===“Historic” versus “prospective”=== | ===“Historic” versus “prospective”=== | ||
[[File:Normal vs fat-tailed distribution.png|250px|thumb|right|The ostensible similarity between normal and fat-tailed distributions, yesterday.]] | |||
Many distinctions between finite and infinite games boil down to their historical perspective: those that look backwards, concerning themselves with what has already been established and laid down — as agreed rules, formal boundaries and limited time periods for resolution necessarily do — will tend to be finite in nature; those that are open-ended, forward looking, and indeterminate — concerned with what has yet to happen, and is necessarily unknown, are infinite. | Many distinctions between finite and infinite games boil down to their historical perspective: those that look backwards, concerning themselves with what has already been established and laid down — as agreed rules, formal boundaries and limited time periods for resolution necessarily do — will tend to be finite in nature; those that are open-ended, forward looking, and indeterminate — concerned with what has yet to happen, and is necessarily unknown, are infinite. | ||