In June 2013, Noah Smith officially defined the term "derp", which had been gaining currency in the economics blogosphere and on Twitter, as "the constant, repetitive reiteration of strong priors".
To Derp is to Die
In June 2013, Noah Smith officially defined the term "derp", which had been gaining currency in the economics blogosphere and on Twitter, as "the constant, repetitive reiteration of strong priors".