History will label the early 21st century The Age of Derping Tribes. "They built out the 'Net and used it to restate priors ad infinitum"
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I use it in the sense defined it somewhere... reiterating priors when presented with new information
Ah ok. So probably this one?
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Defining "derp" in terms of Bayesian probability theory: noahpinionblog.blogspot.com/2013/06/what-i
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yep that's the one... term is from south park, but the common definition now came from econ twitter via noah
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