{"id":7245,"date":"2014-11-06T10:40:24","date_gmt":"2014-11-06T18:40:24","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=7245"},"modified":"2014-11-06T10:41:43","modified_gmt":"2014-11-06T18:41:43","slug":"2014-annual-conference-cities-and-development-urban-determinants-of-success-nyu-development-research-institute","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2014\/11\/2014-annual-conference-cities-and-development-urban-determinants-of-success-nyu-development-research-institute\/","title":{"rendered":"2014 Annual Conference | Cities and Development: Urban Determinants of Success | NYU Development Research Institute"},"content":{"rendered":"<blockquote><p><strong>Tuesday, November 18, 2014<\/strong><br \/>\n<strong>8:30am \u2013 3:30pm<\/strong><br \/>\n<strong>Rosenthal Pavilion, NYU Kimmel Center, 10th floor<\/strong><br \/>\n<strong>60 Washington Square South, New York City<\/strong><\/p>\n<p>2:30pm-3:30pm: <strong>\u201cSmall is Beautiful \u2013 but Also Less Fragile,\u201d by Nassim Nicholas Taleb<\/strong>, Distinguished Professor of Risk Engineering, NYU School of Engineering<\/p>\n<p>We use fragility theory to show the effect of size and response to uncertainty, how distributed decision-making creates more apparent volatility, but ensures long term survival of a system. Simply, economies of scale are more than offset by stochastic diseconomies from shocks and there is such a thing as a \u201csweet spot\u201d in optimal size. We show how city-states fare better than large states, how mice and small species are more robust than elephants, and how the canton mechanism can potentially solve Near Eastern problems.<\/p>\n<p>This event is co-sponsored by the NYU Marron Institute of Urban Management. Funding is generously provided by the John Templeton Foundation. Breakfast and lunch will be served.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/www.nyudri.org\/events\/2014-annual-conference-cities-development\/?utm_content=bufferc5475&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\">2014 Annual Conference | Cities and Development: Urban Determinants of Success | NYU Development Research Institute<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday, November 18, 2014 8:30am \u2013 3:30pm Rosenthal Pavilion, NYU Kimmel Center, 10th floor 60 Washington Square South, New York City 2:30pm-3:30pm: \u201cSmall is Beautiful \u2013 but Also Less Fragile,\u201d by Nassim Nicholas Taleb, Distinguished Professor of Risk Engineering, NYU School of Engineering We use fragility theory to show the effect of size and response [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-7245","post","type-post","status-publish","format-standard","hentry","category-event"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/7245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=7245"}],"version-history":[{"count":4,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/7245\/revisions"}],"predecessor-version":[{"id":7249,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/7245\/revisions\/7249"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=7245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=7245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=7245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}