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Narrative Fallacy
''The Black Swan: The Impact of the Highly Improbable'' is a 2007 book by Nassim Nicholas Taleb, who is a former options trader. The book focuses on the extreme impact of rare and unpredictable outlier events—and the human tendency to find simplistic explanations for these events, retrospectively. Taleb calls this the Black Swan theory. The book covers subjects relating to knowledge, aesthetics, as well as ways of life, and uses elements of fiction and anecdotes from the author's life to elaborate his theories. It spent 36 weeks on the ''New York Times'' best-seller list. The book is part of Taleb's five-volume series, titled the ''Incerto'', including ''Fooled by Randomness'' (2001), ''The Black Swan'' (2007–2010), ''The Bed of Procrustes'' (2010–2016), '' Antifragile'' (2012), and ''Skin in the Game'' (2018). Coping with Black Swan events A central idea in Taleb's book is not to attempt to predict Black Swan events, but to build robustness to negative events and an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WikiProject Novels
A WikiProject, or Wikiproject, is a Wikimedia movement affinity group for contributors with shared goals. WikiProjects are prevalent within the largest wiki, Wikipedia, and exist to varying degrees within sister projects such as Wiktionary, Wikiquote, Wikidata, and Wikisource. They also exist in different languages, and translation of articles is a form of their collaboration. During the COVID-19 pandemic, CBS News noted the role of Wikipedia's WikiProject Medicine in maintaining the accuracy of articles related to the disease. Another WikiProject that has drawn attention is WikiProject Women Scientists, which was profiled by '' Smithsonian'' for its efforts to improve coverage of women scientists which the profile noted had "helped increase the number of female scientists on Wikipedia from around 1,600 to over 5,000". On Wikipedia Some Wikipedia WikiProjects are substantial enough to engage in cooperative activities with outside organizations relevant to the field at issue. F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Bed Of Procrustes
''The Bed of Procrustes: Philosophical and Practical Aphorisms'' is a philosophy book by Nassim Nicholas Taleb written in the aphoristic style. It was first released on November 30, 2010 by Random House. An updated edition was released on October 26, 2016 that includes fifty percent more material than the 2010 edition. According to Taleb, the book "contrasts the classical values of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness." The title refers to Procrustes, a figure from Greek mythology who abducted travelers and stretched or chopped their bodies to fit the length of his bed. The book is part of Taleb's five volume philosophical essay on uncertainty, titled the ''Incerto'' and covers '' Antifragile'' (2012), '' The Black Swan'' (2007–2010), ''Fooled by Randomness'' (2001),''The Bed of Procrustes'' (2010–2016), and ''Skin in the Game'' (2018). References External links *Janet MaslinExplaining the Modern Wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LinkedIn Pulse
LinkedIn Pulse was a news aggregation app originally developed for Android, iOS and HTML5 browsers, originally released in 2010. The app, in its original incarnation, was deprecated in 2015 and integrated into LinkedIn. History Pulse was originally released in May 2010 for the Apple iPad. The app was created by Ankit Gupta and Akshay Kothari (two Stanford University graduate students) as part of a course at the Institute of Design. The company they formed, Alphonso Labs, was one of the first to use Stanford's business incubator SSE Labs. Pulse received positive reviews for its easy to use interface. On 8 June 2010, the app was temporarily removed from the App Store hours after it was mentioned by Apple co-founder Steve Jobs at WWDC 2010, because ''The New York Times'' complained to Apple that the app pulled content from the nytimes.com and boston.com RSS feeds in violation of the terms of use prohibiting commercial redistribution. The app was approved once again and restor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Management Association
The American Management Association (AMA) is an American non-profit educational membership organization for the promotion of management, based in New York City. Besides its headquarters there, it has local head offices throughout the world. It offers its members a wide range of training programs, seminars, conferences, studies, and publications, which cover topics as diverse as industrial or commercial management, communication, finance and accounting, human resources management, leadership, international management, marketing and sales. As a corporate training and consulting group, it provides a variety of educational and management development services to businesses, government agencies, and individuals. History Origins The origins of the American Management Association dates back to the beginning of the 20th century, when the training of industrial workers became a concern for large American companies. In 1913, 35 of the most important professional schools, led by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johns Hopkins University Press
The Johns Hopkins University Press (also referred to as JHU Press or JHUP) is the publishing division of Johns Hopkins University. It was founded in 1878 and is the oldest continuously running university press in the United States. The press publishes books and journals, and operates other divisions including fulfillment and electronic databases. Its headquarters are in Charles Village, Baltimore. In 2017, after the retirement of Kathleen Keane who is credited with modernizing JHU Press for the digital age, the university appointed new director Barbara Pope. Overview Daniel Coit Gilman, the first president of the Johns Hopkins University, inaugurated the press in 1878. The press began as the university's Publication Agency, publishing the '' American Journal of Mathematics'' in its first year and the '' American Chemical Journal'' in its second. It published its first book, ''Sidney Lanier: A Memorial Tribute'', in 1881 to honor the poet who was one of the university's first wr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Box
In science, computing, and engineering, a black box is a system which can be viewed in terms of its inputs and outputs (or transfer characteristics), without any knowledge of its internal workings. Its implementation is "opaque" (black). The term can be used to refer to many inner workings, such as those of a transistor, an engine, an algorithm, the human brain, or an institution or government. To analyse an open system with a typical "black box approach", only the behavior of the stimulus/response will be accounted for, to infer the (unknown) ''box''. The usual representation of this ''black box system'' is a data flow diagram centered in the box. The opposite of a black box is a system where the inner components or logic are available for inspection, which is most commonly referred to as a white box (sometimes also known as a "clear box" or a "glass box"). History The modern meaning of the term "black box" seems to have entered the English language around 1945. In electr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Levant
The Levant () is an approximate historical geographical term referring to a large area in the Eastern Mediterranean region of Western Asia. In its narrowest sense, which is in use today in archaeology and other cultural contexts, it is equivalent to a stretch of land bordering the Mediterranean in South-western Asia,Gasiorowski, Mark (2016). ''The Government and Politics of the Middle East and North Africa''. }, ), meaning "the eastern place, where the Sun rises". In the 13th and 14th centuries, the term ''levante'' was used for Italian maritime commerce in the Eastern Mediterranean, including Greece, Anatolia, Syria-Palestine, and Egypt, that is, the lands east of Venice. Eventually the term was restricted to the Muslim countries of Syria-Palestine and Egypt. In 1581, England set up the Levant Company to monopolize commerce with the Ottoman Empire. The name ''Levant States'' was used to refer to the French mandate over Syria and Lebanon after World War I. This is p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antilibrary
An antilibrary is a collection of books that are owned but have not yet been read. The term was coined by Nassim Nicholas Taleb. The concept it describes has been compared to the Japanese '' tsundoku''. Etymology The term ''antilibrary'' was coined by Nassim Nicholas Taleb in his book '' The Black Swan: The Impact of the Highly Improbable'' to describe the books that many people own but have not read. Taleb argued that such collections of books make people more humble and curious. He based the concept on the books kept by Umberto Eco, writing that Eco "separates visitors into two categories": those who praise the size of his library and those who recognize that a library is a tool for research. Describing books that have been read as "far less valuable than unread ones", Taleb stated that "the more you know, the larger the rows of unread books. Let us call this collection of unread books an ''antilibrary''." Taleb additionally referred to people interested in antilibraries as '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Swan Theory
The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on an ancient saying that presumed black swans did not exist a saying that became reinterpreted to teach a different lesson after they were discovered in Australia. The theory was developed by Nassim Nicholas Taleb, starting in 2001, to explain: # The disproportionate role of high-profile, hard-to-predict, and rare events that are beyond the realm of normal expectations in history, science, finance, and technology. # The non-computability of the probability of consequential rare events using scientific methods (owing to the very nature of small probabilities). # The psychological biases that blind people, both individually and collectively, to uncertainty and a rare event's massive role in historical affairs. Taleb's "black swan theory" r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Psychology
Psychology is the science, scientific study of mind and behavior. Psychology includes the study of consciousness, conscious and Unconscious mind, unconscious phenomena, including feelings and thoughts. It is an academic discipline of immense scope, crossing the boundaries between the Natural science, natural and social sciences. Psychologists seek an understanding of the Emergence, emergent properties of brains, linking the discipline to neuroscience. As social scientists, psychologists aim to understand the behavior of individuals and groups.Fernald LD (2008)''Psychology: Six perspectives'' (pp.12–15). Thousand Oaks, CA: Sage Publications.Hockenbury & Hockenbury. Psychology. Worth Publishers, 2010. Psi (Greek), Ψ (''psi''), the first Greek alphabet, letter of the Greek word ''psyche'' from which the term psychology is derived (see below), is commonly associated with the science. A professional practitioner or researcher involved in the discipline is called a psychologist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshall Cavendish
Marshall Cavendish is a subsidiary company of Times Publishing Group, the printing and publishing subsidiary of Singapore-based conglomerate Fraser and Neave (which in turn currently owned by ThaiBev, the beverage company in Thailand), and at present is a publisher of books, business directories and magazines. Marshall Cavendish was established in the United Kingdom in 1968 by Norman Marshall (1921-1975)and Patrick Cavendish (1939-2000). Times Publishing Group acquired it in 1980. In 2011, Amazon Publishing acquired over 450 titles of Marshall Cavendish's US Children's trade books business, Marshall Cavendish Children's Books (MCCB). In 2013, Roger Rosen of Rosen Publishing acquired the Marshall Cavendish's US Children's library books business. Books * ''How It Works'' (later reprinted and updated by H. S. Stuttman Co., Inc.for the US, titled ''The Illustrated Science and Invention Encyclopedia'') Magazines, partworks * ''Science Spy'' *Young Generation (YG) * ''Story of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robust Statistics
Robust statistics are statistics with good performance for data drawn from a wide range of probability distributions, especially for distributions that are not normal. Robust statistical methods have been developed for many common problems, such as estimating location, scale, and regression parameters. One motivation is to produce statistical methods that are not unduly affected by outliers. Another motivation is to provide methods with good performance when there are small departures from a parametric distribution. For example, robust methods work well for mixtures of two normal distributions with different standard deviations; under this model, non-robust methods like a t-test work poorly. Introduction Robust statistics seek to provide methods that emulate popular statistical methods, but which are not unduly affected by outliers or other small departures from model assumptions. In statistics, classical estimation methods rely heavily on assumptions which are often ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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