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Predictability and causality

Published in Cambridge University Press eBooks • Dec 18, 2013
Authors:
Riccardo Rebonato
,
Alexander Denev

Abstract

Effect, n. The second of two phenomena which always appear together in the same order. The first, called a Cause, is said to generate the other – which is no more sensible than it would be for one who has never seen a dog except in pursuit of a rabbit to declare the rabbit the cause of the dog. – Am...

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