Mastering Catastrophic Risk

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Mastering Catastrophic Risk

Author : Howard Kunreuther
Publisher : Oxford University Press
ISBN 13 : 0190499427
Total Pages : 249 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis Mastering Catastrophic Risk by : Howard Kunreuther

Download or read book Mastering Catastrophic Risk written by Howard Kunreuther and published by Oxford University Press. This book was released on 2018-05-01 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: A profound and insightful look at how company leaders prepare for and respond to shocks and crises that threaten their business. Successful firms strategically manage and are more accurate in their assessment of large-scale risks. Doing so is increasingly challenging given the pace of change, whether financial, technological, regulatory, or environmental. Mastering Catastrophic Risk provides real-world practical insights into how large companies are responding to this new reality and develops a framework for smarter thinking about events that can damage a business. As leading authorities on risk management, strategy, and company leadership, Howard Kunreuther and Michael Useem take us on a groundbreaking tour of firms' decision making process. They demonstrate how improving readiness for and resilience against future shocks is now an integral part of company strategy. Using the "DISRUPT" model they have developed, they highlight the seven primary Drivers of disruption: Interdependencies increase exposure; Short-term focus results in limited vision; Regulations require change and constrain opportunities; Urbanization increases the costs of disasters; Probabilities of disasters have increased; and Transparency has enhanced public awareness of problems and impacts on firms' reputations. Some disruptions can be anticipated, while others arrive without warning. Their onset stresses decision makers, impairs company operations, and may even put the enterprise at risk. The bottom-line: business leaders and their governing boards face ever more challenging disruptions and must be ever more on guard. If your company is hit tomorrow, will it bounce back, or drown?

Catastrophic Risk

Author : Kunreuther Et Al
Publisher :
ISBN 13 : 9780190499433
Total Pages : pages
Book Rating : 4.4/5 (994 download)

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Book Synopsis Catastrophic Risk by : Kunreuther Et Al

Download or read book Catastrophic Risk written by Kunreuther Et Al and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mastering Catastrophic Risk

Author : Howard Kunreuther
Publisher : Oxford University Press
ISBN 13 : 0190499419
Total Pages : 249 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis Mastering Catastrophic Risk by : Howard Kunreuther

Catastrophic Risk

Author : Richard L. Alfred
Publisher : CRC Press
ISBN 13 : 1000434672
Total Pages : 267 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Catastrophic Risk by : Richard L. Alfred

Download or read book Catastrophic Risk written by Richard L. Alfred and published by CRC Press. This book was released on 2021-10-06 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imagine that you are a corporate executive or small business owner in a midwestern city under water after weeks of extreme weather and drenching rainfall. Infrastructure has been damaged beyond repair, transportation arteries are closed, and your supply chain is broken. Families have been driven from homes, food and water are in short supply, and people are becoming unruly. Government agencies are not in a position to help. Declining revenue and partisan antipathy fueled by ideological differences have eroded confidence in government. The city is in total disrepair and unable to deliver desperately needed services. It is edging toward implosion and community leaders have turned to you for help. Catastrophe that would have been unthinkable in earlier times is a reality in a world coming out of pandemic and facing existential threats such as climate change, inequality and global conflict. Catastrophic Risk: Business Strategy for Managing Turbulence in a World at Risk challenges business to step up and assume a pivotal role with communities under stress due to prolonged exposure to risk. When powerful societal forces meet behavior that deters response to risk, the consequences of risk are exacerbated. The compounding effect of behavior on risk has opened an important role for business in mobilizing people and communities in times of crisis. It is a role that cannot be fulfilled, however, without purpose, strategy and plans sufficiently robust to overcome the threat of risk. To prosper in this environment, business will need to make a significant contribution to society as well as to deliver financial performance. For companies, this will mean involvement in community in ways that significantly depart from current practice. For leaders, it will mean new skills—contextual sensitivity, a greater understanding of behavioral dynamics, and enhanced capacity to relate to people on an emotive basis. This book is about the relationship between risk, societal forces and human behavior—a relationship informed by the sciences that is critically important for business. Its goal is two-fold: to bring catastrophic risk to the world of business and to further business engagement in service to the common good.

The Disaster Experts

Author : Scott Gabriel Knowles
Publisher : University of Pennsylvania Press
ISBN 13 : 0812207998
Total Pages : 362 pages
Book Rating : 4.8/5 (122 download)

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Book Synopsis The Disaster Experts by : Scott Gabriel Knowles

Download or read book The Disaster Experts written by Scott Gabriel Knowles and published by University of Pennsylvania Press. This book was released on 2012-07-02 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of 9/11 and Hurricane Katrina, many are asking what, if anything, can be done to prevent large-scale disasters. How is it that we know more about the hazards of modern American life than ever before, yet the nation faces ever-increasing losses from such events? History shows that disasters are not simply random acts. Where is the logic in creating an elaborate set of fire codes for buildings, and then allowing structures like the Twin Towers—tall, impressive, and risky—to go up as design experiments? Why prepare for terrorist attacks above all else when floods, fires, and earthquakes pose far more consistent threats to American life and prosperity? The Disaster Experts takes on these questions, offering historical context for understanding who the experts are that influence these decisions, how they became powerful, and why they are only slightly closer today than a decade ago to protecting the public from disasters. Tracing the intertwined development of disaster expertise, public policy, and urbanization over the past century, historian Scott Gabriel Knowles tells the fascinating story of how this diverse collection of professionals—insurance inspectors, engineers, scientists, journalists, public officials, civil defense planners, and emergency managers—emerged as the authorities on risk and disaster and, in the process, shaped modern America.

Catastrophic Risk

Author : Erik Banks
Publisher : John Wiley & Sons
ISBN 13 : 0470015454
Total Pages : 190 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Catastrophic Risk by : Erik Banks

Download or read book Catastrophic Risk written by Erik Banks and published by John Wiley & Sons. This book was released on 2005-09-27 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catastrophic risk is one of the most significant and challenging areas of corporate risk management. Analyze this risk for your company with Catastrophic Risk and make sure you have sufficient resources to absorb losses and avoid financial distress. The first comprehensive volume to address this topic from a financial perspective, this book is a guide to the worst financial risks threatening companies and industries today. Author Eric Banks begins with a consideration of ?catastrophe? and its mplications, looks at the state of actuarial and financial modelling of catastrophe risks, and discusses the creation of a risk management framework that will enable the efficient and secure management of exposure. Catastrophic Risk is essential reading if you're a corporate treasurer, CFO, or insurance/financial risk manager responsible for corporate risk management. Order your copy today.

Global Catastrophic Risks

Author : Nick Bostrom
Publisher : Oxford University Press
ISBN 13 : 0199606501
Total Pages : 577 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Global Catastrophic Risks by : Nick Bostrom

Download or read book Global Catastrophic Risks written by Nick Bostrom and published by Oxford University Press. This book was released on 2011-09-29 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Global Catastrophic Risk is one that has the potential to inflict serious damage to human well-being on a global scale. This book focuses on such risks arising from natural catastrophes (Earth-based or beyond), nuclear war, terrorism, biological weapons, totalitarianism, advanced nanotechnology, artificial intelligence and social collapse.

Quantifying and Controlling Catastrophic Risks

Author : B. John Garrick
Publisher : Academic Press
ISBN 13 : 0080923453
Total Pages : 374 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Quantifying and Controlling Catastrophic Risks by : B. John Garrick

Download or read book Quantifying and Controlling Catastrophic Risks written by B. John Garrick and published by Academic Press. This book was released on 2008-10-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The perception, assessment and management of risk are increasingly important core principles for determining the development of both policy and strategic responses to civil and environmental catastrophes. Whereas these principles were once confined to some areas of activity i.e. financial and insurance, they are now widely used in civil and environmental engineering. Comprehensive and readable, Civil and Environmental Risk: Mitigation and Control, provides readers with the mathematical tools and quantitative methods for determining the probability of a catastrophic event and mitigating and controlling the aftermath. With this book engineers develop the required skills for accurately assessing risk and formulating appropriate response strategies. The two part treatment starts with a clear and rigorous exposition of the quantitative risk assessment process, followed by self-contained chapters concerning applications. One of the first books to address both natural and human generated disasters, topics include events such as pandemic diseases, climate changes, major hurricanes, super earthquakes, mega tsunamis, volcanic eruptions, industrial accidents and terrorist attacks. Case studies appear at the end of the book allowing engineers to see how these principles are applied to scenarios such as a super hurricane or mega tsunamis, a reactor core melt down in a nuclear plant, a terrorist attack on the national electric grid, and an abrupt climate change brought about by a change in the ocean currents in the North Atlantic. Written by the current Chairman of the U.S. Nuclear Waste Technical Review Board, Environmental risk managers will find this reference a valuable and authoritative guide both in accurately calculating risk and its applications in their work. Mathematical tools for calculating and Controlling Catastrophic Risk Presents a systematic method for ranking the importance of societal threats Includes both Natural and Industrial Catastrophes Case studies cover such events as pandemic diseases, climate changes, major hurricanes, super earthquakes, mega tsunamis, volcanic eruptions, industrial accidents, and terrorist attacks

Global Catastrophic Risks

Author : Nick Bostrom
Publisher : OUP Oxford
ISBN 13 : 0191547131
Total Pages : 576 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Global Catastrophic Risks by : Nick Bostrom

Download or read book Global Catastrophic Risks written by Nick Bostrom and published by OUP Oxford. This book was released on 2008-07-04 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: A global catastrophic risk is one with the potential to wreak death and destruction on a global scale. In human history, wars and plagues have done so on more than one occasion, and misguided ideologies and totalitarian regimes have darkened an entire era or a region. Advances in technology are adding dangers of a new kind. It could happen again. In Global Catastrophic Risks 25 leading experts look at the gravest risks facing humanity in the 21st century, including asteroid impacts, gamma-ray bursts, Earth-based natural catastrophes, nuclear war, terrorism, global warming, biological weapons, totalitarianism, advanced nanotechnology, general artificial intelligence, and social collapse. The book also addresses over-arching issues - policy responses and methods for predicting and managing catastrophes. This is invaluable reading for anyone interested in the big issues of our time; for students focusing on science, society, technology, and public policy; and for academics, policy-makers, and professionals working in these acutely important fields.

Global Catastrophic Risk

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 101 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Global Catastrophic Risk by : Fouad Sabry

Download or read book Global Catastrophic Risk written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-07-02 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: What Is Global Catastrophic Risk A global catastrophic risk, often known as a doomsday scenario, is a potential future occurrence that poses a threat to the well-being of humans on a worldwide scale and might even put the existence of modern civilization in jeopardy or wipe it out entirely. An occurrence that has the potential to permanently and significantly reduce the potential of humanity is referred to as a "existential risk." How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Global catastrophic risk Chapter 2: Nick Bostrom Chapter 3: Superintelligence Chapter 4: AI takeover Chapter 5: Human extinction Chapter 6: Differential technological development Chapter 7: Future of Humanity Institute Chapter 8: Existential risk from artificial general intelligence Chapter 9: Global Catastrophic Risks (book) Chapter 10: Global catastrophe scenarios (II) Answering the public top questions about global catastrophic risk. (III) Real world examples for the usage of global catastrophic risk in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technologies in each industry to have 360-degree full understanding of global catastrophic risk' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of global catastrophic risk.

Catastrophe

Author : Richard A. Posner
Publisher : Oxford University Press
ISBN 13 : 0195178130
Total Pages : 334 pages
Book Rating : 4.1/5 (951 download)

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Book Synopsis Catastrophe by : Richard A. Posner

Download or read book Catastrophe written by Richard A. Posner and published by Oxford University Press. This book was released on 2004-11-11 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this shocking work, Posner reveals to an unsuspecting public that catastrophic risks are much greater than is commonly appreciated.

Catastrophic Risk

Author : Richard L. Alfred
Publisher :
ISBN 13 : 9780367853303
Total Pages : 0 pages
Book Rating : 4.8/5 (533 download)

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Book Synopsis Catastrophic Risk by : Richard L. Alfred

Download or read book Catastrophic Risk written by Richard L. Alfred and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imagine that you are a corporate executive or small business owner in a midwestern city under water after weeks of extreme weather and drenching rainfall. Infrastructure has been damaged beyond repair, transportation arteries are closed, and your supply chain is broken. Families have been driven from homes, food and water are in short supply, and people are becoming unruly. Government agencies are not in a position to help. Declining revenue and partisan antipathy fueled by ideological differences have eroded confidence in government. The city is in total disrepair and unable to deliver desperately needed services. It is edging toward implosion and community leaders have turned to you for help. Catastrophe that would have been unthinkable in earlier times is a reality in a world coming out of pandemic and facing existential threats such as climate change, inequality and global conflict. Catastrophic Risk: Business Strategy for Managing Turbulence in a World at Risk challenges business to step up and assume a pivotal role with communities under stress due to prolonged exposure to risk. When powerful societal forces meet behavior that deters response to risk, the consequences of risk are exacerbated. The compounding effect of behavior on risk has opened an important role for business in mobilizing people and communities in times of crisis. It is a role that cannot be fulfilled, however, without purpose, strategy and plans sufficiently robust to overcome the threat of risk. To prosper in this environment, business will need to make a significant contribution to society as well as to deliver financial performance. For companies, this will mean involvement in community in ways that significantly depart from current practice. For leaders, it will mean new skills--contextual sensitivity, a greater understanding of behavioral dynamics, and enhanced capacity to relate to people on an emotive basis. This book is about the relationship between risk, societal forces and human behavior--a relationship informed by the sciences that is critically important for business. Its goal is two-fold: to bring catastrophic risk to the world of business and to further business engagement in service to the common good.

Catastrophe Modeling

Author : Patricia Grossi
Publisher : Springer Science & Business Media
ISBN 13 : 0387231293
Total Pages : 256 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Catastrophe Modeling by : Patricia Grossi

Download or read book Catastrophe Modeling written by Patricia Grossi and published by Springer Science & Business Media. This book was released on 2006-01-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the research that has been conducted at Wharton Risk Management Center over the past five years on catastrophic risk. Covers a hot topic in the light of recent terroristic activities and nature catastrophes. Develops risk management strategies for reducing and spreading the losses from future disasters. Provides glossary of definitions and terms used throughout the book.

Precautionary Risk Management

Author : M. Jablonowski
Publisher : Springer
ISBN 13 : 023062765X
Total Pages : 181 pages
Book Rating : 4.2/5 (36 download)

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Book Synopsis Precautionary Risk Management by : M. Jablonowski

Download or read book Precautionary Risk Management written by M. Jablonowski and published by Springer. This book was released on 2006-07-28 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with high-stakes risk potentials is dependent on getting to grips with easy to understand, yet difficult to apply, criteria for decision. With a fresh, honest approach, this book shows why scientific assessments of catastrophic risk based on averages don't work, and sets the stage for making the tough choice between precaution and fatalism.

Natural Catastrophe Risk Management and Modelling

Author : Kirsten Mitchell-Wallace
Publisher : John Wiley & Sons
ISBN 13 : 1118906047
Total Pages : 550 pages
Book Rating : 4.1/5 (189 download)

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Book Synopsis Natural Catastrophe Risk Management and Modelling by : Kirsten Mitchell-Wallace

Download or read book Natural Catastrophe Risk Management and Modelling written by Kirsten Mitchell-Wallace and published by John Wiley & Sons. This book was released on 2017-06-26 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers both the practical and theoretical aspects of catastrophe modelling for insurance industry practitioners and public policymakers. Written by authors with both academic and industry experience it also functions as an excellent graduate-level text and overview of the field. Ours is a time of unprecedented levels of risk from both natural and anthropogenic sources. Fortunately, it is also an era of relatively inexpensive technologies for use in assessing those risks. The demand from both commercial and public interests—including (re)insurers, NGOs, global disaster management agencies, and local authorities—for sophisticated catastrophe risk assessment tools has never been greater, and contemporary catastrophe modelling satisfies that demand. Combining the latest research with detailed coverage of state-of-the-art catastrophe modelling techniques and technologies, this book delivers the knowledge needed to use, interpret, and build catastrophe models, and provides greater insight into catastrophe modelling’s enormous potential and possible limitations. The first book containing the detailed, practical knowledge needed to support practitioners as effective catastrophe risk modellers and managers Includes hazard, vulnerability and financial material to provide the only independent, comprehensive overview of the subject, accessible to students and practitioners alike Demonstrates the relevance of catastrophe models within a practical, decision-making framework and illustrates their many applications Includes contributions from many of the top names in the field, globally, from industry, academia, and government Natural Catastrophe Risk Management and Modelling: A Practitioner’s Guide is an important working resource for catastrophe modelling analysts and developers, actuaries, underwriters, and those working in compliance or regulatory functions related to catastrophe risk. It is also valuable for scientists and engineers seeking to gain greater insight into catastrophe risk management and its applications.

The Future of Risk Management

Author : Howard Kunreuther
Publisher : University of Pennsylvania Press
ISBN 13 : 0812296222
Total Pages : 415 pages
Book Rating : 4.8/5 (122 download)

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Book Synopsis The Future of Risk Management by : Howard Kunreuther

Download or read book The Future of Risk Management written by Howard Kunreuther and published by University of Pennsylvania Press. This book was released on 2019-06-28 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether man-made or naturally occurring, large-scale disasters can cause fatalities and injuries, devastate property and communities, savage the environment, impose significant financial burdens on individuals and firms, and test political leadership. Moreover, global challenges such as climate change and terrorism reveal the interdependent and interconnected nature of our current moment: what occurs in one nation or geographical region is likely to have effects across the globe. Our information age creates new and more integrated forms of communication that incur risks that are difficult to evaluate, let alone anticipate. All of this makes clear that innovative approaches to assessing and managing risk are urgently required. When catastrophic risk management was in its inception thirty years ago, scientists and engineers would provide estimates of the probability of specific types of accidents and their potential consequences. Economists would then propose risk management policies based on those experts' estimates with little thought as to how this data would be used by interested parties. Today, however, the disciplines of finance, geography, history, insurance, marketing, political science, sociology, and the decision sciences combine scientific knowledge on risk assessment with a better appreciation for the importance of improving individual and collective decision-making processes. The essays in this volume highlight past research, recent discoveries, and open questions written by leading thinkers in risk management and behavioral sciences. The Future of Risk Management provides scholars, businesses, civil servants, and the concerned public tools for making more informed decisions and developing long-term strategies for reducing future losses from potentially catastrophic events. Contributors: Mona Ahmadiani, Joshua D. Baker, W. J. Wouter Botzen, Cary Coglianese, Gregory Colson, Jeffrey Czajkowski, Nate Dieckmann, Robin Dillon, Baruch Fischhoff, Jeffrey A. Friedman, Robin Gregory, Robert W. Klein, Carolyn Kousky, Howard Kunreuther, Craig E. Landry, Barbara Mellers, Robert J. Meyer, Erwann Michel-Kerjan, Robert Muir-Wood, Mark Pauly, Lisa Robinson, Adam Rose, Paul J. H. Schoemaker, Paul Slovic, Phil Tetlock, Daniel Västfjäll, W. Kip Viscusi, Elke U. Weber, Richard Zeckhauser.

Catastrophe Modeling

Author : Patricia Grossi
Publisher : Springer
ISBN 13 : 9780387230825
Total Pages : 0 pages
Book Rating : 4.2/5 (38 download)

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Book Synopsis Catastrophe Modeling by : Patricia Grossi

Download or read book Catastrophe Modeling written by Patricia Grossi and published by Springer. This book was released on 2004-12-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the research that has been conducted at Wharton Risk Management Center over the past five years on catastrophic risk. Covers a hot topic in the light of recent terroristic activities and nature catastrophes. Develops risk management strategies for reducing and spreading the losses from future disasters. Provides glossary of definitions and terms used throughout the book.