Probability of Default Versus the Principle of Incompatibility
In circumstances characterized by high turbulence and interdependency: it is impossible to make predictions – in fact, even the currentContinue Reading
Tag: economy
A Resilience Test of US and EU banks. A Systems Perspective.
There is much discussion today about systemic risks. In particular, the notion of “systemic” banks or corporations has become popular,Continue Reading
How Do You Rate an Entire Market?
Traders and analysts judge market performance by looking at the values of stocks and indices. However, stock markets don’t haveContinue Reading
The REAL Debt of EU Countries
In our recent blog on the “corrected ” S&P ratings of the Eurozone, we showed how the spread between sovereignContinue Reading
Coping With Turbulence: More Theories and Math?
Isn’t it time to review our theories on economics, to see them in a radically different light? What lessons areContinue Reading
Interactive Complexity Maps and Resilience Ratings of Countries, Corporations and Banks.
Here you may find examples of interactive Business Structure Maps, complexities and the corresponding Resilience Ratings™ of a wide varietyContinue Reading
Why is Resilience (in economics) such a difficult concept to grasp?
Resilience, put in layman’s terms, is the capacity to withstand shocks, or impacts. For an engineers it a very usefulContinue Reading
Should Europe Have Its Own Rating Agency?
The Cold War was, de facto, the Third World War. We are now fighting the Fourth World War. It isContinue Reading
How To Avoid the Next (Worse) Crisis. Democratize Ratings.
Much has been written about the global economic crisis, its causes and its consequences. We could say that to aContinue Reading
Crisis Anticipation
Complexity technology establishes a radically innovative means of anticipating crises. Systems under severe stress or on a path to collapseContinue Reading
Artificial Intuition 