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".
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To Derp is to Die
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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".