Date: July 24th, 2012
Cate: Finance, Risk & Stability, Systems
Tags:

Excellent video on complexity in finance and systems. relates CDS to oil rigs and normal accidents.

Ht to Farnam Street

An excellent introduction to tight coupling, feedback and systems.  The piece also includes normal accidents, safety systems leading to normalized risk and hidden paths in systems that induce risk.

Leave a Reply

You must be logged in to post a comment.