Errors in Calculating Odds, Errors in Calculating Value is the fourth album release by indie rock outfit Shorthand Phonetics.

It is a concept album which represents the first draft of fictional character Hanabishi Hideaki's debut novel entitled "Errors in Calculating Odds, Errors in Calculating Value" "Errors" is an eighty minute concept album that is an aural representation of the first draft of Hanabishi Hideaki's debut novel, "Errors in Calculating Odds, Errors in Calculating Value".

The novel is a recounting of the events of Hide's third year in Eiroku Medical School located in Jikyoku-to, Japan.

It is hard to explain with words, so it is imparitive that the album is listened to while reading the booklet provided.

- from the release notes given with the recording on the Yes No Wave Music page for the album All tracks are written by A. Ashari, except where noted