Risk management is the underlying paradigm necessary to mitigate the impact of adverse outcomes such as financial crises, energy shortages, oil disasters, global supply chain disruptions, and a myriad of other potentially catastrophic large-scale system failures. This seminar series serves as a platform to bring together diverse perspectives, problem definitions and solutions that transcend dis...

Public expertise in safety, security and environment is a process that is increasingly submitted to control and transparency. It therefore requires an oversight, a monitoring and an aiding approach on its conduct and its governance. Difficulties learned from experiences in framing risk problems and sharing expertise conclusions and recommendations are pointed. Our practice of expertise has made...

Adaptive management planning projects use multiparty, multidisciplinary workshops and simulation modeling to facilitate dialogue, negotiation, and planning. However, they have been criticized as a poor medium for conflict resolution. Alternative processes from the conflict resolution tradition, e.g., principled negotiation and sequenced negotiation, address uncertainty and biophysical constrain...

The links between the processes of globalisation and the generation of risk have been brought into sharp focus as a function of a series of accidents and terrorist attacks on Western interests and their supply chains. The increasingly interconnected nature of organisations, the dependence of western economies on a set of global supply chains, the export of hazardous goods and services, and the ...

We investigate risk-sharing without commitment by designing an experiment to match a simple model of voluntary insurance between two agents when aggregate income is constant. Participants are matched in pairs. Each period, they receive their income with or without a random component h that one person or the other receives; after observing own and counterpart income, each person in a pair can de...

Losses of both product quality and quantity during the critical pre-slaughter period are inevitable. These losses are the result of social, physical, environmental and nutritional stresses imposed on the animal between the farm/ feedlot and the abattoir knocking box. In the interests of animal welfare and beef quality, it is essential that effective management strategies be implemented to minim...

In the European Economic Area the home country supervises the activities of its banks, wherever they are operating via branches or across borders, while the host country handles the stability of its financial system and problems stemming from failure or distress. We address two main problems related to the conduct and co-ordination of these two responsibilities. First, the introduction of the e...