Over the past 30 years, an extensive knowledge-base in the construction and utilization of risk matrices to score and … rank risks has been accumulated. Still, within the domain of the continuous risk management (CRM) process, key issues … associated with risk matrices have produced divergent schools of thought: a utilitarian focus among practitioners, and a more …

analyse the complete tail risk connectedness network of the whole US industry system. We also investigate the empirical … relationship between input-output linkages and the tail risk spillovers among US industries. Our findings identify the tail-risk … drivers, tail-risk takers, and tail-risk distributors among industries and confirm that the actual trade flow between …