Europe, the Eurozone Crisis, Complexity and Systemantics
The laws of systemantics are said to be pseudo-science. Fair enough. A few of these laws are listed below. TheyContinue Reading
is Quantitative Complexity Management
The laws of systemantics are said to be pseudo-science. Fair enough. A few of these laws are listed below. TheyContinue Reading
In circumstances characterized by high turbulence and interdependency: it is impossible to make predictions – in fact, even the currentContinue Reading
(image from http://www.impactlab.net) Probably the most frequently used definition of risk is this one: Risk = the Probability ofContinue Reading
When talking of derivatives and other sophisticated financial products, people often say that they are complex, that they have complexContinue Reading
When facing large doses of uncertainty risk model-based methods of managing uncertainty don’t work. One thing is to manage anContinue Reading
Prediction of the future has always been man’s dream. However, there is an overwhelming amount of physical evidence that thisContinue Reading
There is much discussion today about systemic risks. In particular, the notion of “systemic” banks or corporations has become popular,Continue Reading
Traders and analysts judge market performance by looking at the values of stocks and indices. However, stock markets don’t haveContinue Reading
In our recent blog on the “corrected ” S&P ratings of the Eurozone, we showed how the spread between sovereignContinue Reading
Before you start to solve a problem (a numerical problem) you should check its conditioning. An ill-conditioned problem will produceContinue Reading