5 docs tagged with "Model Risks"

Main Result

Risks arising from the models we use to understand and communicate about our systems.

Risk associated with getting messages heard and understood and the transfer of information.

Risks caused by the weight of complexity in the systems we create, and their resistance to change and comprehension.

Risks due to the fact that systems contain multiple agents, which need to work together.

Risks due to the differences between reality and an internal model of reality, and the assumption that they are equivalent.