The Elegance of Frugality and Risk
Preface to “A New Theory of Risk and Rating” by Giulio Sapelli. The Elegance of Frugality and Risk. From aContinue Reading
is Quantitative Complexity Management
Preface to “A New Theory of Risk and Rating” by Giulio Sapelli. The Elegance of Frugality and Risk. From aContinue Reading
Complexity is a fundamental physical characteristic of every system that may be found in Nature. Its importance is similar toContinue Reading
A recent article on the troubles and tribulations of the F 35 fighter claims that: “… this flying supercomputer …..isContinue Reading
In a world dominated by turbulence and interdependency, fragility and complexity are the main new factors which are impactingContinue Reading
Complexity is a fundamental physical characteristic of every system that may be found in Nature. Its importance is similar toContinue Reading
Before you start to solve a problem (a numerical problem) you should check its conditioning. An ill-conditioned problem will produceContinue Reading
For someone who has been doing simulation for the last 30 years it is not easy to say no. LargeContinue Reading
The economy is a dynamic system which is far too complex for us to understand. Human nature is extremely complexContinue Reading
The current economic crisis indicates that conventional risk assessment, rating and management techniques don’t perform well in a turbulent andContinue Reading
The deployment of risk management within a business can be a source of false assurance. Over recent years, businesses haveContinue Reading