Market Risk Assessment of Catastrophic Risks

  • William B. Fairley


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.


Risk System Private Interest Risk Producer Federal Energy Regulatory Commission Apply System Analysis 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© International Institute for Applied Systems Analysis, Laxenburg/Austria 1982

Authors and Affiliations

  • William B. Fairley
    • 1
  1. 1.Analysis and Inference Inc.BostonUSA

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