Uncertain risks and the risks of certainty.

Uncertain risks and the risks of certainty.

There are few things as important to parents as their children, and in the search for tips on how to protect the health of their youngsters, parents often turn to the most user-friendly form of continuing education available-the news media. It can be a smart move, but there are also risks attached. This overview points to the media's strengths and weaknesses, with the goal of suggesting how edu...

securitization of mortality risks in life annuities

insurers have in the past few decades faced longevity risks - the risk that annuitants survive more than expected - and therefore need a new approach to manage this new risk. in this dissertation we survey methods that hedge longevity risks. these methods use securitization to manage risk, so using modern financial and insurance pricing models, especially wang transform and actuarial concepts, ...

Overcoming Learning Aversion in Evaluating and Managing Uncertain Risks.

Decision biases can distort cost-benefit evaluations of uncertain risks, leading to risk management policy decisions with predictably high retrospective regret. We argue that well-documented decision biases encourage learning aversion, or predictably suboptimal learning and premature decision making in the face of high uncertainty about the costs, risks, and benefits of proposed changes. Biases...

Balancing Uncertain Risks and Benefits in Human Subjects Research

the risks of oxygen therapy

although delivering of oxygen to patients seems to be easy, but this procedure can include some risks. in this article, we try to show you how this procedure can perform in a safe manner.   have you ever worked in a medical-surgical ward, or emergency department, or also in intensive care unit?   perhaps you ever have the care of patients who have need for supplemental oxygen. oxygen therapy is...