black swan theory
Bad beat – Term in poker
Butterfly effect – Idea that small causes can have large effects
Currency crisis – When a country's central bank lacks the foreign reserves to maintain a fixed exchange rate
Dark horse – Previously less known thing becoming prominent
Deus ex machina – Contrived device to resolve the plot of a dramatic work
Domino effect – Cumulative effect produced when one event sets off a chain of other events
Dragon king theory – Event that is both extremely large in effect and of unique origins
Extreme risk – Low-probability risk of very bad outcomes
Falsifiability – Property of a statement that can be logically contradicted
The Gray Rhino: How to Recognize and Act on the Obvious Dangers We Ignore – Book by Michele Wucker published 2016
Grey swan
Global catastrophic risk – Hypothetical global-scale disaster risk
Hindsight bias – Type of confirmation bias
Holy grail distribution – Probability distribution with a positive mean and a right fat tail
Kurtosis risk – Term in decision theory
List of cognitive biases
Long tail – Feature of some statistical distributions
Miracle – Event not explicable by natural or scientific laws
Normal Accidents – 1984 book by Charles Perrow
Normalcy bias – Disbelief or minimization in response to threat warnings
Outside Context Problem – 1996 Book by Iain M. Banks
Perfect storm – Phrase
Quasi-empiricism in mathematics
Rare events – Events unlikely to occur
Reasonably foreseeable – Failure to exercise reasonable care
Subjective probability
Tail risk – Risk of statistically extreme events
Taleb distribution – Type of probability distribution in economics
Technological singularity – Technological growth scenario
Uncertainty – Situations involving imperfect or unknown information
Wild card (foresight)
Black swan theory - Wikipedia