Category
page 1Nassim Nicholas Taleb
Nassim Nicholas Taleb
Lebanese-American mathematical statistician, option trader, risk analyst and author (born 1960)
black swan theory
a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight
antifragility
Antifragility is a property of systems in which they increase in capability to thrive as a result of stressors, shocks, volatility, noise, mistakes, faults, attacks, or failures. The concept was developed by Nassim Nicholas Taleb in his book, Antifragile, and in technical papers. As Taleb explains in his book, antifragility is fundamentally different from the concepts of resiliency (i.e. the ability to recover from failure) and robustness (that is, the ability to resist failure). The concept has been applied in risk analysis, physics, molecular biology, transportation planning, engineering, ae
ludic fallacy
misuse of games to model real-life, a concept proposed by Nassim Nicholas Taleb in his book The Black Swan