Security in the Age of Systemic Risk: Strategies, Tactics and Options for Dealing with Femtorisks and Beyond

Frank AB, Goud Collins M, Clegg M, Dieckmann U, Kremenyuk VA, Kryazhimskiy AV, Linnerooth-Bayer J, Levin SA, et al. (2012). Security in the Age of Systemic Risk: Strategies, Tactics and Options for Dealing with Femtorisks and Beyond. IIASA Interim Report. IIASA, Laxenburg, Austria: IR-12-010

[img]
Preview
Text
IR-12-010.pdf

Download (83kB) | Preview

Abstract

The world today is increasingly confronted with systemic threats and challenges, in which femtorisks - small-scale dangers that are inherent to system structures and function and which pose asymmetrically catastrophic risks - can build in consequence, spreading uncontrollably like epidemics in both natural and social systems in such diverse areas as ecology, epidemiology, finance, the Internet, terrorism, and international relations. They have been successfully modeled in ecology in the context of complex adaptive systems: systems made up of individual agents, whose interactions have macroscopic consequences that feed back to influence individual behavior. While acknowledging challenges, this paper argues for the value of applying to societal systems the approaches that natural scientists have developed in quantifying and modeling biological interactions and ecosystems.

Item Type: Monograph (IIASA Interim Report)
Research Programs: Advanced Systems Analysis (ASA)
Evolution and Ecology (EEP)
Risk & Resilience (RISK)
Council and External Relations (CER)
Directorate (DIR)
Risk, Policy and Vulnerability (RPV)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 08:48
Last Modified: 24 Oct 2016 10:55
URI: http://pure.iiasa.ac.at/10264

Actions (login required)

View Item View Item

International Institute for Applied Systems Analysis (IIASA)
Schlossplatz 1, A-2361 Laxenburg, Austria
Phone: (+43 2236) 807 0 Fax:(+43 2236) 71 313