
Luca Dellanna on Risk, Ruin, and Ergodicity
EconTalk
Understanding Local Failures in System Performance
This chapter explores the critical nature of localized failures in systems, particularly through the lens of hospital bed occupancy during a crisis in Italy. It highlights the need for variance understanding and risk management to ensure effective adaptation and load redistribution in challenging times.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.