Lessons from COVID-19: Efficiency vs Resilience

Sep 17 2020 11:00AM toSep 17 2020 12:30PMVirtual MeetingAbstract: In both computer science and economics, efficiency is a cherished property. In computer science, the field of algorithms is almost solely focused on their efficiency. In economics, the main advantage of the free market is that it promises "economic efficiency". A major lesson from COVID-19 is that both fields have over-emphasized efficiency and under-emphasized resilience. We argue that resilience is a more important property than efficiency and discuss how ... More at https://www.nsf.gov/events/event_summ.jsp?cntn_id=301209&WT.mc_id=USNSF_13&WT.mc_ev=click This is an NSF Events item.
Source: NSF Events - Category: Science Source Type: events