The Concept of Antifragility and Its Applications

 
PIIS086904990011590-1-1
Publication type Article
Status Published
Authors
Occupation: Director, Chief Researcher
Affiliation:
Center for Macroeconomic Research in the Financial University under the Government of the Russian Federation
Central Economics and Mathematics Institute of the Russian Academy of Sciences
Address: 4,4th Veshnyakovsky ass., Moscow, 109456, Russian Federation
Journal nameObshchestvennye nauki i sovremennost
EditionIssue 6
Pages116-130
Abstract

Another monumental book by Nassim Nicholas Taleb antifragile: things that gain from disorder was published in 2014.This work has a lot of original ideas deserving the closest attention of the social scientists. It presents the general scheme of evolving systems under stress, describes the risk concentration effect, the risk transfer effect, and the hipercompensation effect. The algebra of chaos, the phenomena of asymmetry, nonlinearity and optionality play a particularly important role in the new doctrine. The formalization of Taleb’s criterion with respect to the decisions taken allows its wide practical implementation. The author has both improved Taleb’s concept and provided some criticism of its most controversial points.

KeywordsTaleb, fragility, antifragility, evolution, chaos, risk
Received15.09.2020
Publication date17.12.2015
Number of characters675
Cite   Download pdf To download PDF you should sign in
Размещенный ниже текст является ознакомительной версией и может не соответствовать печатной

views: 442

Readers community rating: votes 0

1. Alferov Zh., Prokhanov A. (2014) “Mi sovetskie lyudi” [We – the Soviet People] Zavtra, no. 41 (1090).

2. Al-Ubaydi O., Kili T. (2010) Sleduet li gosudarstvu fi nansirovat nauku [Should the Government Finance the Science?] Portal “Inliberty”, 08.06.2010 (http: //www.inliberty.ru/library/study/2339/).

3. Antikhrupkost. Kak izvlech vigodu iz haosa. Recenzii i otzivi [Antifragile. Things that Gain from Disorder. Reviews and Comments] Ozon.ru, 2014 (http: //www.ozon.ru/context/detail/id/24310355/).

4. Bobrovnikova T. (2006) Ciceron: Intelligent v dni revolyucii [Cicero: the Intellectual in the Revolution]. Moscow: Molodaya gvardiya.

5. Chekmareva E.(2010) Govoryat, chto nauka eto obschestvennoe blago, i ona dolzhna bit dostupna vsem. Eto lozhnaya model [They Say that Science is a Public Good and Should be Accessible to All. This is a False Model] Portal “Slon.ru”, 11.06.2010 (http: //slon.ru/articles/412190/).

6. Hirshman A. (2009) Vihod, golos i vernost. Reakciya na upadok fi rm, orga-nizaciy i gosudarstv [Exit, Voice and Loyalty. Response to Decline in Firms, Organizations and States]. Moscow: Novoe izdyvo.

7. Kili T. (2010) Skolkovo eto ochen, ochen plohie investicii [Terence Keeley: “Skolkovo is a Very, Very Bad Investment”] Portal “Unova”, 04.08.2010 (http: //www.unova.ru/article/4464).

8. Mukhin Yu. (2011) Tiraniya gluposti [The Tyranny of tupidity]. St. Petersburg: Piter.

9. Myuller D. (2007) Obschestvenniy vybor III [Public Choice III]. Moscow: GU–VSHE.

10. Polterovich V., Popov V. (2006) Evolyucionnaya teoriya ekonomicheskoy politiki. Ch. I. Opit bistrogo razvitiya [Evolutionary Theory of Economic Policy. Part I. The Experience of Rapid Development] Voprosy ekonomiki, no. 7.

11. Soros J. (2001) Otkritoe obschestvo. Reformiruya globalniy kapitalizm [An Open Society. Reforming Global Capitalism]. Moscow: Nekommercheskiy fond Podderzhki Kulturi, Obrazovaniya i Novikh Informacionnikh Tehnologiy.

12. Strouss J. (2002) Morgan [Morgan]. Moscow: OOO “Izd-vo AST”.

13. Taleb N. (2014) Antikhrupkost. Kak izvlech vigodu iz khaosa [Antifragile. Things that Gain from Disorder]. Ìoscow: KoLibri–Azbuka-Attikus.

Система Orphus

Loading...
Up