https://2020.riskawarenessweek.com/talks/managing-irreducible-risks-through-portfolio-analysis-hedging-and-diversification/ The success of quantitative risk management rests on our ability to assess probabilities, but what is a probability anyway? How do you know if your assessments are any good… Continue reading WATCH REPLAY: Probability for Pragmatists
Tag: Money
WATCH REPLAY: The Cat Insurance Puzzle: Why People insure their Cellphone but not their Home – Annette Hofmann
https://2020.riskawarenessweek.com/talks/dr-annette-hofmann/ The cat insurance puzzle refers to the low or missing demand for high-severity-low-probability events, which is surprising given the high demand for low-value insurance products such as cell phone… Continue reading WATCH REPLAY: The Cat Insurance Puzzle: Why People insure their Cellphone but not their Home – Annette Hofmann
Here is a small lesson I learned a while back
If you want to integrate risk management into decision making, you have to talk the same language as decision makers. That means that if the decision is made based on… Continue reading Here is a small lesson I learned a while back
