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Optimality vs. Fragility: Are Optimality and Efficiency the Enemies of Robustness and Resilience?
  
  

Revision as of 16:11, 29 August 2014

Optimality vs. Fragility: Are Optimality and Efficiency the Enemies of Robustness and Resilience?


Annual Risk Meeting

Held at Morgan Stanley World Headquarters, 41st Floor, 1585 Broadway, New York, NY

Thursday, October 2, 2014



Summary: The goals of optimality and efficiency are pervasive in business and government. Yet there is suggestive evidence that attempting to optimize a system’s performance or to make it more efficient can make it more brittle, fragile, and less robust and resilient. This meeting will explore relationships between optimality/efficiency and robustness/resilience over a wide range of biological, technological, and organizational systems.