black swan theory

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:logic
concept
gptkbp:criticizedFor gptkb:Benoit_Mandelbrot
falsifiability issues
lack of precise definition
gptkbp:describedBy gptkb:Nassim_Nicholas_Taleb
gptkb:The_Black_Swan_(book)
gptkbp:emphasizes human bias
retrospective predictability
gptkbp:example gptkb:COVID-19_pandemic
gptkb:September_11_attacks
gptkb:2008_financial_crisis
gptkbp:focusesOn rare events
high-impact events
unpredictable events
gptkbp:hasComponent rarity
retrospective predictability
extreme impact
https://www.w3.org/2000/01/rdf-schema#label black swan theory
gptkbp:influenced gptkb:philosophy
decision theory
economics
finance
risk analysis
gptkbp:introducedIn 2007
gptkbp:relatedTo gptkb:philosophy
gptkb:probability_theory
risk management
uncertainty
gptkbp:termOrigin discovery of black swans in Australia
metaphor of black swan
gptkbp:bfsParent gptkb:Incerto_series
gptkbp:bfsLayer 7