A Bank is Only as Healthy as Its Clients. High-Frequency Rating of Bank-Client Transactions
In a turbulent and globalized economy, the focus is no longer on growth but on stability. The stability of aContinue Reading
Tag: resilience
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
Beyond Risk Management. What Are The Alternatives?
When facing large doses of uncertainty risk model-based methods of managing uncertainty don’t work. One thing is to manage anContinue Reading
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
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
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
Optimality: The Recipe for Disaster
There still seems to be a rush towards optimal design. But there is no better way to fragility and vulnerabilityContinue Reading
