Here, on Physics of Risk, we discuss economic and social processes from physical point of view. The following One Minute Physics video shows that the opposite - understanding physical concepts from economical point of view - is also possible.
Topic: "Nonlinearity in stochastic model of financial markets"
Speaker: Aleksejus Kononovicius
When? 18th of November, 9:15.
Where? Institute of Mathematics and Informatics VU Faculty of Mathematics and Informatics (Naugarduko g. 24, Vilnius), 400 auditorium.
Economic rating agencies can make and break economies. What can be done about it?
Numerous tabletop, card and role-playing game projects are launched on crowd-funding platform Kickstarter each week. Some of these projects do well, while others fail to muster support. Recently we have noticed interesting project by Dan Ariely, whose TED talk we have shared earlier, and Irrational Ventures named "Irrational Card Game." This game, as a tabletop game, might not be the most interesting, but it is certainly interesting as a tool to bring social science to the masses. First of all, cards in this game are filled with information about social experiments and their outcomes. Also neat feature of this game is that by supporting it, you support actual scientific research.
A brief video from "It's Okay to Be Smart" about the complexity of weather forecasts.
Physics of risk, complexity and socio-economic systems.