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Constant elasticity of substitution (CES) is a common specification of many production functions and utility functions in neoclassical economics. CES holds that the ability to substitute one input factor with another (for example labour with capital) to maintain the same level of production stays constant over different production levels.
Resilience is a multi-facet property, covering four dimensions: technical, organization, social and economic. [6] Therefore, using one metric may not be representative to describe and quantify resilience. In engineering, resilience is characterized by four Rs: robustness, redundancy, resourcefulness, and rapidity.
In structural engineering, the flexibility method, also called the method of consistent deformations, is the traditional method for computing member forces and displacements in structural systems. Its modern version formulated in terms of the members' flexibility matrices also has the name the matrix force method due to its use of member forces ...
"Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better." [1] The concept has now been applied to ecosystems in a rigorous way. [17] In their work, the authors review the concept of ecosystem resilience in its relation to ecosystem integrity from an information theory approach.
The first type of resilience engineering work is determining how to best take advantage of the resilience that is already present in the system. Cook uses the example of setting a broken bone as this type of work: the resilience is already present in the physiology of bone, and setting the bone uses this resilience to achieving better healing ...
Modularity is the degree to which a system's components may be separated and recombined, often with the benefit of flexibility and variety in use. [1] The concept of modularity is used primarily to reduce complexity by breaking a system into varying degrees of interdependence and independence across and "hide the complexity of each part behind an abstraction and interface". [2]
The tradeoff exists because accommodating flexibility requires satisfying a larger set of requirements, which results in complexity and usability compromises. [ 1 ] Design theory maintains that over their lifecycle, systems shift from supporting multiple uses inefficiently, towards efficiently supporting a single use as users' needs become more ...
Cognitive flexibility should not be confused with psychological flexibility, which is the ability to adapt to situational demands, to balance life demands and to commit to behaviors by thinking about problems and tasks in novel, creative ways (for example by changing a stance or commitment when unexpected events occur). [6]