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ergodic

C2
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Pronunciation

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      Meanings

      Adjective

      1. of a system or process whose long-term time behavior represents the behavior of the whole system

      2. requiring active, nontrivial effort from a reader or user to navigate or produce a text

      Beyond the definition

      Imagine you want to know the average result of a coin flip. You could take one coin and flip it 1,000 times in a row: that is a "time average." Or you could ask 1,000 people to each flip a coin once at the same moment: that is an "ensemble average." If a system is ergodic, these two ways of measuring should give the same result in the long run. In other words, one thing moving through time eventually shows the same statistical pattern as many similar things viewed all at once. This idea matters in physics, probability, and economics because it tells us when the average of a group can stand in for the long-term experience of one member.

      Examples

      1. 1

        Academic explanation

        The professor explained that if a system is ergodic, one long run can tell you the same story as many short runs.

      2. 2

        Market modeling

        In the paper, the authors assume the market is ergodic before calculating its long-term average behavior.

        • Patternassume + system is ergodic

          treat it as following stable long-run patterns

      3. 3

        Life outcomes

        Some economists argue that real life is not ergodic, because one bad event can permanently change a person's path.

      See also

      Similar

      • metrically transitive
      • statistically representative

      Shades of meaning

      Contrast

      Do not confuse

      Used with (collocations)

      • ergodic process
      • ergodic theorem
      • ergodic hypothesis
      • ergodic system

      Word family

      Explore

      • dynamical system
      • phase space

      Forms and spellings

      1 form open this card.

      Main spelling

      • ergodicadjective