Black Swan Theory

GPTKB entity

Statements (34)
Predicate Object
gptkbp:instanceOf gptkb:logic
gptkbp:appliesTo gptkb:science
gptkb:technology
finance
history
risk management
gptkbp:characteristic unpredictability
retrospective predictability
extreme rarity
massive impact
gptkbp:contrastsWith gptkb:normal_distribution
predictable events
gptkbp:criticizedFor gptkb:Benoit_Mandelbrot
lack of precise definition
gptkbp:describes events that are rationalized after the fact
events with extreme impact
rare and unpredictable events
gptkbp:example gptkb:COVID-19_pandemic
gptkb:September_11_attacks
gptkb:2008_financial_crisis
gptkbp:formedBy gptkb:Nassim_Nicholas_Taleb
https://www.w3.org/2000/01/rdf-schema#label Black Swan Theory
gptkbp:influenced gptkb:strategy
decision theory
risk analysis
gptkbp:introducedIn gptkb:The_Black_Swan_(book)
2007
gptkbp:relatedTo gptkb:philosophy
probability
statistical inference
uncertainty
outliers
gptkbp:bfsParent gptkb:Symbol_of_rarity_(Black_Swan_Theory)
gptkbp:bfsLayer 8