Mass Movements: Information Cascades
The following article depicts how information cascades can have a major impact on both financial crises of particular securities/financial systems and how they can incite political turmoil in particular areas. The first part of the article recounts an event where the stock Netflix exhibited a reckless appreciation in value that came about from an information […]
False Positives: Unneeded Negativity in Your Life
https://www.newscientist.com/article/2100273-why-do-we-fall-for-false-positives-even-though-theyre-common/ False positives don’t quite get the same bad rep as false negatives, their beloved counterparts, which is fair. In most cases, the false negative, a result that indicates that a particular condition is absent when in fact it is not, is more serious. But false positives can still be a pain to deal with. […]