Antifragility as a design criterion for modelling dynamic systems
Volume: 37, Issue: 1, Pages: 23 - 37
Published: Jan 29, 2019
Abstract
Highly improbable events can have a substantial impact on complex socio-economic systems and are frequently difficult to predict beforehand but easy to explain afterwards. Antifragile systems can withstand and benefit from this kind of outlier events, whereas merely robust systems cannot in any case. Yet the aim to design robust systems is almost as old as the system dynamics field itself. This research therefore aims to investigate the extent...
Paper Details
Title
Antifragility as a design criterion for modelling dynamic systems
Published Date
Jan 29, 2019
Volume
37
Issue
1
Pages
23 - 37
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