This paper prices the risk of climate change by calculating a lower bound for the price of a virtual insurance policy against climate risks associated with the business as usual (BAU) emissions path. In analogy with ordinary insurance pricing, this price depends on the current risk to which...

In early 1979 Robert B. Cumming recognized the growing need for risk researchers and practitioners to publish their work in a dedicated professional journal. This led to the formation of an organization to support such a journal, with the Certificate of Incorporation for the Society for Risk...

Recent events in the financial and insurance markets, as well as the looming challenges of a globally changing climate point to the need to re-think the ways in which we measure and manage catastrophic and dependent risks. Management can only be as good as our measurement tools. To that end,...

Risk analysis of species invasions links biology and economics, is increasingly mandated by international and national policies, and enables improved management of invasive species. Biological invasions proceed through a series of transition probabilities (i.e., introduction, establishment,...

We use the classical model, a method for structured expert judgment (SEJ), to study the effects of breastfeeding on IQ. Data on the link between breastfeeding and IQ are available, e.g., the US National Longitudinal Study of Youth, however, questions about data quality and confounding mean...