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COLD safer than HOT

Nature (2002)Cite this article

New theory shows that high performance needn't mean high risk.

For man-made systems such as machines and markets, catastrophe lurks somewhere between high risk and high performance. US physicists may have found a way to strike the optimal balance1.

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References

  1. Newman, M. E. J., Girvan, M. & Farmer, J. D. Optimal design, robustness, and risk aversion. Preprint, (2002).

  2. Carlson, J. M. & Doyle, J. Highly optimized tolerance: a mechanism for power laws in designed systems. Physical Review E 60, 1412 - 1427 (1999).

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  3. Carlson, J. M. & Doyle, J. Highly optimized tolerance: robustness and design in complex systems. Physical Review Letters 84, 2529 - 2532 (2000).

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Authors
  1. Philip Ball
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Ball, P. COLD safer than HOT. Nature (2002). https://doi.org/10.1038/news020225-3

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  • DOI: https://doi.org/10.1038/news020225-3

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