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Lesing 2B/Lecture 2B

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by

Derica Lambrechts

on 12 September 2017

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Transcript of Lesing 2B/Lecture 2B

Lesing 2B/Lecture 2B
Control Risks
https://www.controlrisks.com/
Fat Tails
Fat Tails/Black Swan
“…events that appear highly unlikely to occur but that are earth-moving when they do. This is what I refer to as a fat tail…these kinds of events occur more often than we think…risk managers too often fail to include these kinds of events in their risk models. In some cases, the risk is considered too unlikely to occur to devote substantial time and money to studying it. In others, there’s simply a fatalistic attitude toward catastrophe…”

Fat Tails
Eurasia Group

https://www.eurasiagroup.net/

Fat Tail and Black Swan
Bestaan "Fat Tails" vandag nog?/Do Fat Tails still exist today?
https://storymaps.esri.com/stories/terrorist-attacks/?year=2017
Full transcript