Dragon king theory
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A dragon king event is one that is both extremely large in size or effect and born of unique origins relative to other events from the same system. DK events are generated by or correspond to mechanis
The taxonomy of dragon kings. Examples of systems include: A: City sizes B: Inoculation model C: Complex contagion model D: Quasicritical neuronal models, rice-pile E: BTW–Kuramoto, Facilitated sandpile
Nassim Nicholas Taleb
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Nassim Nicholas Taleb is a Lebanese-American New York University professor, essayist, mathematical statistician, former option trader, risk analyst, and aphorist. His work concerns problems of randomn
Dragon king theory
…of black swans is epistemological, relating to the limited knowledge and understanding of the observer. The term was introduced and popularized by Nassim Taleb and has been associated with concepts such as heavy tails, non-linear payoffs, model error, and even Knightian uncertainty, whose "unknowable unknown…
Taleb in 2010