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Antifragilers As Institutional Devices Towards An Autopoietic Antifragility

Author

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  • BECHERESCU, Simona-Ionela

    (School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest, Romania)

Abstract

Paper aims to develop, from a conceptual point of view the concept of antifragility, as property of dynamic systems. The main direction of such development is focused to introducing of a new concept in the economic debate, namely, the concept of antifragile. An antifragiler is that structural device of a system which ensures the actual functioning of the antifragility property. To this end, paper examines, for the first time in the dedicated literature the concept of antifragiler, from a logical, methodological, and institutional point of views, trying to connect it to the already known concept of antifragility and, thus, to find its role, functions, and mechanisms. Finally, a brief examination of the institutional ways to be endowed with antifragilers is provided.

Suggested Citation

  • BECHERESCU, Simona-Ionela, 2020. "Antifragilers As Institutional Devices Towards An Autopoietic Antifragility," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 156-163, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:156-163
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    More about this item

    Keywords

    antifragility; uncertainty; antifragiler; institutional system; risk; perturbation;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • P40 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - General

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