Saturday, July 11, 2015

"Simply, antifragility is defined as a convex response to a stressor or source of harm (for some..."

“Simply, antifragility is defined as a convex response to a stressor or source of harm (for some range of variation), leading to a positive sensitivity to increase in volatility (or variability, stress, dispersion of outcomes, or uncertainty, what is grouped under the designation “disorder cluster”). Likewise fragility is defined as a concave sensitivity to stressors, leading a negative sensitivity to increase in volatility. The relation between fragility, convexity, and sensitivity to disorder is mathematical, obtained by theorem, not derived from empirical data mining or some historical narrative. It is a priori.”

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Nassim Taleb



from Stowe Boyd http://stoweboyd.com/post/123800517522

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