The black swan

the impact of the highly improbable

366 pages

English language

Published 2007 by Random House.

ISBN:
978-1-4000-6351-2
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OCLC Number:
71833470

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ABOUT THIS BOOK

A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives.

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Subjects

  • Uncertainty (Information theory) -- Social aspects
  • Forecasting