In Search of Elusive Warning Signals: Tipping Points in Ecology and Economics

In Search of Elusive Warning Signals: Tipping Points in Ecology and Economics

In this talk on Oct. 25, 2016, Becker Friedman Institute Visiting Scholar William "Buz" Brock of the University of Wisconsin-Madison shows how high volatility may be an early warning sign of abrupt changes in ecosystems. He asks whether these warning signs could apply to economic systems such as asset markets.