I need to make sure the writer knows these concepts:
Antifragility
Leafcutter ants
Weber Types of Orders / Types of Legitimate Authority
The broken window fallacy
The Emperor: Downfall
– Antifragile: Things That Gain from Disorder
THE EMPEROR – DOWNFALL
OF AN
AUTOCRAT – RYSZARD
KAPUSCINSKI
What institutions would youe expect to exhibit resilience in Iraq and Kurdistan during a severe black swan event? What institutions would prove to be anti-fragile during these black swan events? Explain this anti-fragility in terms of the optionality they enjoy. Do these institutions share in the risks or do they enjoy “free” optionality where the risks most fall on others?
