This may be replaced or updated as i go along. Just creating it as an article rather than share links individually ad-hoc.
Much of the math of any kind of probabilistic endeavor is the same. And almost every trade, like much of life, is a gamble.
Just found this, apparently recent:
https://sebokwiki.org/wiki/A_Framework_for_Viewing_Quality_Attributes_from_the_Lens_of_Loss
This seems like it's implicit (or should be) in systems engineering broadly, and from the headings is how I approach it (who could lose and why?). Fault tree analysis exists, right?
But I wonder if a focus on this aspect brings anything and am excited to read it.
Markets of machinery. Machinery of markets.
In systems engineering it is useful to specify many requirements (or attributes of requirements) in terms of capabilities, conditions, and constraints.
Engineering is primarily an exercise in managing trade-offs. Markets are nothing but trade-offs.
I wonder about exploring the engineering project as a marketplace. One sees this in voluntary collaborations most readily; witness various Free software projects (primarily those of less notoriety and prestige). In a commercial context, of course, "horse trading" is well known; leaving alone the obvious dialogue with the customer about the "iron triangle".
Increasingly in trading I find myself encountering not just questions of capital allocation but how trading style is impacted by lifestyle and logistical factors and the costs/rewards that working effectively with markets imposes on lifestyle.
We explore trading _of_ constraints, trading _within_ constraints, market mechanics of all ...
