Abstract:Antifragility (Taleb 2012) is best understood in contrast to three other properties: fragility, robustness and resilience. Things inhabit disorder. Be they inanimate objects, systems, organisms or institutions, perturbations and unpredictable events of all sorts happen to them, around them and within them. To determine whether something is fragile, robust, resilient or antifragile means to examine how it responds and reacts to such perturbations.Something is fragile if it is prone to only harm over time. Event… Show more
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