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Difference between revisions of "Optimality vs. Fragility: Are Optimality and Efficiency the Enemies of Robustness and Resilience?"

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{{Optimality vs. Fragility: Are Optimality and Efficiency the Enemies of Robustness and Resilience?}}
 
{{Optimality vs. Fragility: Are Optimality and Efficiency the Enemies of Robustness and Resilience?}}
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'''Annual Risk Meeting'''
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Held at Morgan Stanley World Headquarters, 41st Floor, 1585 Broadway, New York, NY
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Thursday, October 2, 2014
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'''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.

Latest revision as of 16:15, 29 August 2014

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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.