
#55 Scott Page: Becoming a Model Thinker
The Knowledge Project with Shane Parrish
00:00
Understanding Concavity and Convexity in Economic Models
This chapter explores the concepts of concavity and convexity in relation to real-world applications like team performance and economic growth. It highlights the importance of recognizing diminishing and increasing returns, urging a departure from linear thinking to foster innovation in complex systems.
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