Why Can’t Huge Problems be Solved (Anymore)?
Before you start to solve a problem (a numerical problem) you should check its conditioning. An ill-conditioned problem will produceContinue Reading
Tag: complexity management
Can Simulation Technology Really Help Companies Do Business?
For someone who has been doing simulation for the last 30 years it is not easy to say no. LargeContinue Reading
In Math We Trust. That is Precisely the Problem.
The economy is a dynamic system which is far too complex for us to understand. Human nature is extremely complexContinue Reading
Beyond the concepts of Risk and Risk Management
The current economic crisis indicates that conventional risk assessment, rating and management techniques don’t perform well in a turbulent andContinue Reading
Is Risk Management a Source of Risk
The deployment of risk management within a business can be a source of false assurance. Over recent years, businesses haveContinue Reading
Artificial Intuition 