Meta-evaluation of the impacts and legacy of the London 2012 Olympic Games and Paralympic Games : Developing methods paper

This report brings together the interim findings from the Developing Meta-Evaluation Methods study, which is being undertaken in conjunction with the Meta-Evaluation of the Impacts and Legacy of the London 2012 Olympic Games and Paralympic Games. The work on methods is funded by the Economic and Social Research Council (ESRC). The aim of this paper is to review the existing evidence on conducting meta-evaluation, and provide guidance appropriate to the Meta Evaluation of the Games as well as other meta-evaluation studies

The balance of growth and risk in population dynamics

Essential to each other, growth and exploration are jointly observed in populations, be it alive such as animals and cells or inanimate such as goods and money. But their ability to move, crucial to cope with uncertainty and optimize returns, is tempered by the space/time properties of the environment. We investigate how the environment shape optimal growth and population distribution in such conditions. We uncover a trade-off between risks and returns by revisiting a common growth model over general graphs. Our results reveal a rich and nuanced picture: fruitful strategies commonly lead to risky positions, but this tension may nonetheless be alleviated by the geometry of the explored space. The applicability of our conclusions is subsequently illustrated over an empirical study of financial data.Comment: 11 pages, 5 figure