[FRIAM] Chaos Scientist Finds Hidden Financial Risks That Regulators Miss Oxford Professor Doyne Farmer is working with central banks to improve stress testing.

[Steven A Smith]

On 11/14/19 6:10 PM, Marcus Daniels wrote:
>
> Generative machine learning seems a heck of a lot easier than ABMs for
> stress testing. 
>
    Agent-based models, used in fields from biology to sociology, are
    bottom-up, simulating the messy interactions of hundreds and even
    millions of agents—human cells or attitudes or financial firms—to
    explain the behavior of a complex system.

I think the point of Agent Models is to yield *explanatory* not just
*predictive results?


>  
>
> *From: *Friam <friam-bounces at redfish.com> on behalf of Barry MacKichan
> <barry.mackichan at mackichan.com>
> *Reply-To: *The Friday Morning Applied Complexity Coffee Group
> <friam at redfish.com>
> *Date: *Wednesday, November 13, 2019 at 7:45 AM
> *To: *The Friday Morning Applied Complexity Coffee Group
> <friam at redfish.com>
> *Subject: *Re: [FRIAM] Chaos Scientist Finds Hidden Financial Risks
> That Regulators Miss Oxford Professor Doyne Farmer is working with
> central banks to improve stress testing.
>
>  
>
> Thanks for the link.
>
> This is totally off-topic, but in the chaos of Facebook and Twitter, I
> believe a small note of appreciation for technology is in order.
>
> In the linked article, there is a picture of Farmer lying on a couch
> in front of his bookshelf. The resolution of web graphics is now high
> enough that I could indulge in one of my favorite hobbies. I copied
> the picture, pasted it into a graphics program and enlarged and
> rotated it. Aaah. Now I can browse through the titles on his shelves.
>
> --Barry
>
> On 3 Oct 2019, at 18:11, Tom Johnson wrote:
>
>     https://www.bloomberg.com/news/features/2019-10-03/chaos-scientist-finds-hidden-financial-risks-that-regulators-miss?fbclid=IwAR17xM4UEQ2cRYGpBqPxQhPqP2v5s8UkKQCCpVZcFptLnwpUiudGnK2DouU  
>
>
>     ============================================
>     Tom Johnson - tom at jtjohnson.com <mailto:tom at jtjohnson.com>
>     Institute for Analytic Journalism   --     Santa Fe, NM USA
>     505.577.6482(c)                                    505.473.9646(h)
>     *NM Foundation for Open Government* <http://nmfog.org>
>     *Check out It's The People's Data
>     <https://www.facebook.com/pages/Its-The-Peoples-Data/1599854626919671>* 
>                    
>
>     ============================================
>
>     ============================================================
>     FRIAM Applied Complexity Group listserv
>     Meets Fridays 9a-11:30 at cafe at St. John's College
>     to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com
>     archives back to 2003: http://friam.471366.n2.nabble.com/
>     FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove
>
>
> ============================================================
> FRIAM Applied Complexity Group listserv
> Meets Fridays 9a-11:30 at cafe at St. John's College
> to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com
> archives back to 2003: http://friam.471366.n2.nabble.com/
> FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20191114/ce1fc9e7/attachment.html>