Market Risk Assessment of Catastrophic Risks
This paper is intended to encourage interest in two different and separable conjectures about the roles that properly established markets might play in improved social management of catastrophic risk. First, the accuracy, credibility, and usefulness of risk assessments for catastrophes could be improved if they were made the tools of risk producers with a direct financial stake in their accuracy.
KeywordsRisk System Private Interest Risk Producer Federal Energy Regulatory Commission Apply System Analysis
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