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Too Big to Fail How About Too Big to Exist
Watts, DuncanArticle HBS-F0906C-EHaving studied the dynamics of cascades in complex systems, this Columbia sociologist and network scientist argues that the most damaging ones are impossible to anticipate. The solution, therefore, may be to make systems less complex to start with, in order to reduce the chance that any one part can trigger a catastrophic chain of events. In the financial system, this means preventing companies from growing too big to fail in the first place.Starting at €8.20
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Too Big to Fail? How About Too Big to Exist? (Spanish version)
Watts, DuncanArticle HBS-F0906CHaving studied the dynamics of cascades in complex systems, this Columbia sociologist and network scientist argues that the most damaging ones are impossible to anticipate. The solution, therefore, may be to make systems less complex to start with, in order to reduce the chance that any one part can trigger a catastrophic chain of events. In the financial system, this means preventing companies from growing too big to fail in the first place.Starting at €8.20
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Science Behind Six Degrees (Spanish version)
Watts, Duncan; Morse, GardinerArticle HBS-F0302BLeadership and People ManagementHow does the structure of social networks affect the way fads catch on and companies solve problems? Columbia University network scientist Duncan Watts says that this young field is on the path to answers.Starting at €8.20