In this posting we take a look at Nassim Taleb's video and show a working example of the Sigmoid function in R Project.
Many risk practitioners approach the quantification of risk by convoluting frequency and magnitude curves.
The Sigmoid concept which is at the heart of Antifragile, looks at risk differently. It breaks up a system into various states of Fragile and Robust, then brings them back together as a single function of risk.
More can be found here [ LINK ]
Comments