Fragility, Robustness And Antifragility

Everything in life has nonlinear responses, from medical treatments to project management, for both benefits and harm (medical and economic iatrogenics). In this talk, Dr. Nasim Nicholas Taleb introduces the concept of fragility and antifragility, and maps them to nonlinearities in life and decision making. This presentation is adapted from his recent book Antifragile: Things That Gain From Disorder. This lecture is part of a series of lectures by distinguished statisticians, hosted by the National Science Foundation's Division of Mathematical Sciences, to mark 2013, the International Year of Statistics.

Provided by the National Science Foundation

Runtime: 1:07:28

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