ludic fallacy

English

Etymology

Identified by Nassim Nicholas Taleb in his book The Black Swan (2007).

Noun

the ludic fallacy

1. The misuse of game when modeling real-life situations.
   • 2007, Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable, page 286:

     I have explained the ludic fallacy with the casino story, and have insisted that the sterilized randomness of games does not resemble randomness in real life.