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Stable and Unstable Clusters

Nick Gogerty

in The Nature of Value: How to Invest in the Adaptive Economy

Published in print:
2014
Published Online:
November 2015
ISBN:
9780231162449
eISBN:
9780231535212
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231162449.003.0009
Subject:
Economics and Finance, Financial Economics

This chapter discusses the two types of clusters: stable and unstable. Stable clusters, like stable niches in ecology, are places where value flows without being interrupted by too much change. ... More


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