Source: wikibot/ergodicity-economics
= Ergodicity economics
{wiki=Ergodicity_economics}
Ergodicity economics is an approach to understanding economic systems that emphasizes the difference between time averages and ensemble averages in the context of decision-making under uncertainty. The term "ergodicity" comes from statistical mechanics, where it refers to systems that exhibit the same statistical properties over time as they do across different states or configurations.