Literature DB >> 25404317

Dealing with femtorisks in international relations.

Aaron Benjamin Frank1, Margaret Goud Collins2, Simon A Levin3, Andrew W Lo4, Joshua Ramo5, Ulf Dieckmann2, Victor Kremenyuk6, Arkady Kryazhimskiy7, JoAnne Linnerooth-Bayer2, Ben Ramalingam8, J Stapleton Roy9, Donald G Saari10, Stefan Thurner11, Detlof von Winterfeldt12.   

Abstract

The contemporary global community is increasingly interdependent and confronted with systemic risks posed by the actions and interactions of actors existing beneath the level of formal institutions, often operating outside effective governance structures. Frequently, these actors are human agents, such as rogue traders or aggressive financial innovators, terrorists, groups of dissidents, or unauthorized sources of sensitive or secret information about government or private sector activities. In other instances, influential "actors" take the form of climate change, communications technologies, or socioeconomic globalization. Although these individual forces may be small relative to state governments or international institutions, or may operate on long time scales, the changes they catalyze can pose significant challenges to the analysis and practice of international relations through the operation of complex feedbacks and interactions of individual agents and interconnected systems. We call these challenges "femtorisks," and emphasize their importance for two reasons. First, in isolation, they may be inconsequential and semiautonomous; but when embedded in complex adaptive systems, characterized by individual agents able to change, learn from experience, and pursue their own agendas, the strategic interaction between actors can propel systems down paths of increasing, even global, instability. Second, because their influence stems from complex interactions at interfaces of multiple systems (e.g., social, financial, political, technological, ecological, etc.), femtorisks challenge standard approaches to risk assessment, as higher-order consequences cascade across the boundaries of socially constructed complex systems. We argue that new approaches to assessing and managing systemic risk in international relations are required, inspired by principles of evolutionary theory and development of resilient ecological systems.

Entities:  

Keywords:  complex adaptive systems; contagion; resilience; risk analysis; systemic risk

Year:  2014        PMID: 25404317      PMCID: PMC4267356          DOI: 10.1073/pnas.1400229111

Source DB:  PubMed          Journal:  Proc Natl Acad Sci U S A        ISSN: 0027-8424            Impact factor:   11.205


  2 in total

1.  Decentralize, adapt and cooperate.

Authors:  Raphael D Sagarin; Candace S Alcorta; Scott Atran; Daniel T Blumstein; Gregory P Dietl; Michael E Hochberg; Dominic D P Johnson; Simon Levin; Elizabeth M P Madin; Joshua S Madin; Elizabeth M Prescott; Richard Sosis; Terence Taylor; John Tooby; Geerat J Vermeij
Journal:  Nature       Date:  2010-05-20       Impact factor: 49.962

2.  On some recent definitions and analysis frameworks for risk, vulnerability, and resilience.

Authors:  Terje Aven
Journal:  Risk Anal       Date:  2010-11-15       Impact factor: 4.000

  2 in total
  3 in total

Review 1.  Anatomy and resilience of the global production ecosystem.

Authors:  M Nyström; J-B Jouffray; A V Norström; B Crona; P Søgaard Jørgensen; S R Carpenter; Ö Bodin; V Galaz; C Folke
Journal:  Nature       Date:  2019-11-06       Impact factor: 49.962

2.  Large-scale effects of migration and conflict in pre-agricultural groups: Insights from a dynamic model.

Authors:  Francesco Gargano; Lucia Tamburino; Fabio Bagarello; Giangiacomo Bravo
Journal:  PLoS One       Date:  2017-03-08       Impact factor: 3.240

3.  Paradigm shifts and the interplay between state, business and civil sectors.

Authors:  Sara Encarnação; Fernando P Santos; Francisco C Santos; Vered Blass; Jorge M Pacheco; Juval Portugali
Journal:  R Soc Open Sci       Date:  2016-12-21       Impact factor: 2.963

  3 in total

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