Volume 2 – Handbook #II: Glossary & “Terms of Art” Definitions – Page 12

For new readers:

-         Please read the “Pinned Post” at the top of this Substack’s Home Page, and titled Why Use Public Peer-Review to Write a Book? - “See for Yourself”.

For returning readers & subscribers:

-         This post presents Page 12 for the “Terms-of-Art” definitions as shown below:

Volume 2 – Handbook #II: Glossary & “Terms of Art” Definitions – Page 12

Large World

-         Expression from John Kay’s book “Radical Uncertainty, and used in these Workbooks, Handbooks & Reading Notes to describe what lies beyond Leonard Jimmie Savage’s “Small Worlds”.

Life World

-         An individual’s home in the “Large World”, based on intellectual and physical work as well as personal relationships developed over time. Technology and innovation destroys old “Life Worlds” and creates new “Life Worlds”.

Lineage

-         One of the eight levels of analysis in the Template for Reading Research Papers: (i) “Perspective”, (ii) Scientific “Domain”, (iii) Historical “Lineage”, (iv) “Purpose”, (v) “Methodology”, (vi) “Methods”, (vii) “Axioms, Assumptions & Hypotheses”, and (viii) “Meaning”.

Locus of Control

-         Mihaly Csikszentmihalyi developed the concept of “Flow” where individuals achieve an internal “Locus of Control” over the content of their consciousness, decisions, and outcomes, instead of having external forces control them.

Logic & Statistics Program

-         Program that regroups the logical & quantitative methodologies, and methods for “Rational” decision-making. Its history starts with Christiaan Huygens (1657), and the use of “Expected Wealth”/”Expected Value” as a decision criterion in the “Small Worlds” of Games of Chance.

Longitudinal Data

-         Data gathered over a period time from samples for a single, or for several reference classes. See Categorical Data, Retrospective Data, & Cross-Sectional Data.

Luck

-         Specific outcomes we cannot predict due to the structural randomness of a risky “Process”, and/or the “Ambiguity” that comes from the assignment of unknown values (Confounding Variables), as well as unknowable values (Injection of Infinity) when the structure of a “Process” shift from “Risk” such as throwing a dice (Classical Probabilities, i.e,. “Chances”), to “Uncertainty” such as repeated observations (Frequentist Probabilities), degrees of “Belief” (Bayesian Probabilities), or expected observations in Physics & Chemistry (Propensities).

Luck-compounding Machines

-         Expression developed by Michael Mauboussin in his 2012 book “The Success Equation”, to represent the theoretical, legal, and business structures that one can build in order to benefit from the consequences of “Randomness” from Risk and/or Uncertainty.

Maintenance Programs

-         Theories that patch the “Puzzles, Paradoxes & Anomalies” of established Programs, to maintain the “As-if” nature of models instead of creating new “Process” models.

Meaning

-         (i) A mapping of locations (“Classification”) and distances (“Regression”) on a mental map, in the context of  Rodolfo Llinás’ view of ”Brains” as “Emulators” of the “Large World” that use limited input from “Perceptions” to manage “Motions” with “Predictions”, and (ii) One of the eight levels of analysis in the Template for Reading Research Papers: (i) “Perspective”, (ii) Scientific “Domain”, (iii) Historical “Lineage”, (iv) “Purpose”, (v) “Methodology”, (vi) “Methods”, (vii) “Axioms, Assumptions & Hypotheses”, and (viii) “Meaning”.

“CTRI by Francois Gadenne” writes a book in three volumes, published at the rate of one two-pages section per day on Substack for public peer-review. The book connects the dots of life-enhancing practices for the next generation, free of controlling algorithms, based on the lifetime experience of a retirement age entrepreneur, & continuously updated with insights from reading Wealth, Health, & Statistics (i.e. AI/ML/LLM) research papers on behalf of large companies as the co-founder of CTRI.