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Description
Drawing on an array of examples--from Wall Street's overreliance on algorithms to provide certainty in uncertain markets, to undecidable problems in mathematics and computer science, to Georg Cantor's paradoxical but true assertions about infinity--mathematician William Byers explains why the subjective element of scientific inquiry is in fact what makes it so dynamic, why the need for certainty and rigor in science should be balanced with the equally...
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Description
"The acclaimed author of the influential bestseller The Black Swan, Nicholas Nassim Taleb takes a next big step with a deceptively simple concept: the "antifragile." Like the Greek hydra that grows two heads for each one it loses, people, systems, and institutions that are antifragile not only withstand shocks, they benefit from them. In a modern world dominated by chaos and uncertainty, Antifragile is a revolutionary vision from one of the most subversive...
Author
Description
For years, Taleb has studied how we fool ourselves into thinking we know more than we actually do. We restrict our thinking to the irrelevant and inconsequential, while large events continue to surprise us and shape our world. In this revelatory book, Taleb explains everything we know about what we don't know, and this second edition features a new philosophical and empirical essay, "On Robustness and Fragility," which offers tools to navigate and...
Description
As the subtitle, From Needs to Solutions, indicates, this book presents viewpoints of information systems experts on the needs that challenge the uncertainty capabilities of present information systems, and it provides a forum to researchers in uncertainty modeling to describe models and systems that can address these needs. Hence, this book is not a collection of research papers, in which researchers describe their latest research projects; such...
Author
Description
The phrase "skin in the game" is one we have often heard but have rarely stopped to truly dissect. It is the backbone of risk management, but it's also an astonishingly complex worldview that applies to all aspects of our lives. Nassim Nicholas Taleb pulls on everything from Antaeus the Giant to Hammurabi to Donald Trump to Seneca to the ethics of disagreement to create a tapestry for understanding our world in a brand new way. Among his insights:...
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