Third conversation between Nassim Nicholas Taleb & Yaneer Bar-Yam about uncertainty, certainty and what to do when there is a systemic risk; what not to do when a truck is headed your way. How acting early would have cost less? They also discuss:
- John Ioannidis recent post “we are making decisions without reliable data”
- Why we should make decisions without reliable data & use precautionary principles
- How the costs would be so much smaller if we would have acted earlier.
Jan 26 Coronavirus Paper (PDF) – Joseph Norman, Yaneer Bar-Yam, and Nassim Nicholas Taleb, Systemic risk of pandemic via novel pathogens – Coronavirus: A note, New England Complex Systems Institute (January 26, 2020).
Note: If viewing this as an email please click through to the post to view content.