What are the Chances of That How to Think About Uncertainty

Elliott takes us into the casino, but this is not an invitation to gamble. He looks at financial markets, but this is not a guide to investment. There's discussion of health, but this is not a medical book. He touches on genetics and evolution, and music-making, and writing, because chance is at work there too. Entering many different fields, What are the Chances of That? is always following the trail of chance and randomness. One purpose of the book is to go cross-country, to show
that there are connected ways of thinking that disrespect boundaries and cut across the domains of finance, and gambling, and genetics, and public health, and creativity. Through it, one visits the vantage points that give a broad view of the landscape and sees how these different areas of life and knowledge are
connected - through chance.
What are the Chances of That? discusses chance and the importance of understanding how it affects our lives. It goes beyond a mathematical approach to the subject, showing how our thinking about chance and uncertainty has been shaped by history and culture, and only relatively recently by the mathematical theory of probability. In considering how we think about uncertainty, Elliott proposes five "dualities" that encapsulate many of the ambiguities that arise.


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