Tag Archives: nassim taleb

Steve Carpenter on Black Swans

Ecologist Steve Carpenter follows up on Don Ludwig’s comments on Nassim Nicholas Taleb‘s book The Black Swan: Both of Taleb’s books are highly entertaining. But he over-reaches. There are some odd mistakes. For example, he makes much of a supposed … Continue reading

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Don Ludwig on the Black Swan

The applied mathematician and scholar of uncertainty Don Ludwig reflects on the financial crisis, resilience, and The Black Swan: This is a sort of book review. By now you may have heard of The Black Swan: the impact of the … Continue reading

Posted in Regime Shifts | Tagged , , , , | 2 Comments

Financial resilience – Taleb and Mandelbrot reflect on crisis

Nassim “Black Swan” Taleb writes on Edge about an unwillingness or consider and remember extreme events leads to financial disaster in The Fourth Quadrant: A map of the limits of statistics. Statistical and applied probabilistic knowledge is the core of … Continue reading

Posted in Ecological Management, Regime Shifts | Tagged , , , , , | 3 Comments

Black Swans: expecting the unexpected

Nassim Nicholas Taleb uses the term Black Swan to identify significant unexpected events. Holling made some similar points from a different perspective in his 1973 paper on resilience and his 1986 paper the resilience of terrestrial ecosystems; local surprise and … Continue reading

Posted in Ideas, Reorganization | Tagged , , , | 6 Comments