Harvard Business Review
DECEMBER 2, 2010
In the sense that financial markets and the economy in general are far more fragile than most mainstream economists contemplated before 2008, there was a bit of unlearning done in the 1990s and early 2000s. The 1987 stock market crash was a scare. The other big idea in the 1988 article was chaos theory.
Management Craft
DECEMBER 28, 2014
The butterfly effect is a popularized interpretation of one of the key elements of chaos theory and has its roots in something that mathematicians refer to as “extreme sensitivity to initial conditions” (small and seemingly insignificant changes at the start of a process can produce wildly different and practically unpredictable results).
Management Craft
DECEMBER 28, 2014
The butterfly effect is a popularized interpretation of one of the key elements of chaos theory and has its roots in something that mathematicians refer to as “extreme sensitivity to initial conditions” (small and seemingly insignificant changes at the start of a process can produce wildly different and practically unpredictable results).
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