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Interview

Cognitive neuroscience and risk

Risk Manager should not rely on heuristics or intuition

Leonardo da Vinci once claimed that all our knowledge has its origin in our perceptions. Thus, our (presumed) knowledge of risks also depends hugely on our very subjective and therefore highly…

RiskNET [Editor-in-chief]
28. March 2014, 15:25

Interview

All models are wrong

One figure is better than none …

The assumptions of Gauss have formed the basis of public finance for more than a century. Traditional models and analytical methods for portfolio maximisation usually rest on the assumption that…

RiskNET [Editor-in-chief]
17. February 2014, 08:45

Worst-case scenarios are sold as apocalyptic truths

Comment

Caught in the risk perception trap

This article is about the fact that the assessment of potential scenarios is increasingly based on a dubious approach to uncertainty as well as an uncritical approach to information. Quite a few…

Frank Romeike [RiskNET]
22. June 2021, 08:40

Cognitive neuroscience and risk

Risk Manager should not rely on heuristics or intuition

All models are wrong

One figure is better than none …

Caught in the risk perception trap

Worst-case scenarios are sold as apocalyptic truths