Analytics for crisis prediction and management
ISC Coordinator: Luciano Pietronero
National Coordinator: Luciano Pietronero
Funding Body: Italian Government (Progetti di Interesse CNR)
Partners: IMT - Institute for Advanced Studies Lucca (Italy)
Starting Date: 2012
Ending Date: 2015
Description: Crisis Lab, is a novel strategic research project financed by Italian Government (Progetti di Interesse CNR).
The aim is of creating an Observatory of risks in domains ranging from finance, energy, markets, transport and urban systems, with interdisciplinary methodology based on the new science of Complex Networks.
The focus of the Crisis lab is to develop models using empirical data to describe the vulnerabilities of diverse socio-technical systems which have a complex underlying dependency structure.
The globalization of our planet requires state-of-the-art methodologies for better understanding the dependency structure of multi-level systems which can be vulnerable to catastrophic failure.
The Crisis Lab project is an international movement for the development of a new economic thinking, which has the strategic aim to develop new ideas, which lead our economic future and the recovery of the financial sector of its supporting role to society and to the real economy.
The main activities and aims are organized in 5 strategic sub-projects