Brad De Long wrote:
> >.... I think that e(0) is a bad number to choose because the law of
> >iterated expectations doesn't apply -- e(0) != e0(e(10)). And the
> >distortion is worse becasue you're taking the expectation too near the
> >point in life when most fatalities occur. I'd choose e(n) where n was the
> >modal age at death.
>
> Touche. That's a good idea...
Is this math explicable to anyone whose calculus was 50 years ago?
Carrol