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Wednesday, January 19, 2011

The Pareto Principle

In answer to the Edge question for 2011 ("What Scientific Concept Would Improve Everybody's Cognitive Toolkit?) Clay Shirky responds with the non-Gaussian "Pareto Principle" (the general notion that ~80% of results or effects in some circumstances originate from ~20% of causes):

http://www.edge.org/q2011/q11_6.html#shirky

...and the Wikipedia entry for "Pareto Principle" here:

http://en.wikipedia.org/wiki/Pareto_principle

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