Tag Archives: financial ecology
Financial instability
Instability in the economy seems to be the zeitgeist of the week. Counter-intuitives Science Daily has a story on a mathematical model of extinction. Apparently a key finding is that the most effective interventions in the model when a species declines are counter-intuitive. An analogy: brakes don’t stop you when you are driving in snow, … Continue reading
In the blogosphere this week: sunshine and Vegas
Gambling Falkenblog has a post called: Why Do People Gamble? This includes the often-stated “problem” that the same people both: pay for insurance pay to gamble Maybe I’m being thick, but I don’t see any problem. I see both these activities as buying positive skewness: paying a little now for an uncertain but big positive … Continue reading
