PPT-Ergodicity: Managing Risk under Uncertainty

Patrick Wilson Compliance Officer The Cooperative Bank Key takeaways The concept of ergodicity How lawyers can help avoid ruin Volatility is stability We want to be antifragile Small is beautiful. Nick Bloom (Stanford & NBER). IMF Lectures, January 18. th. 2013. Talk summarizes a JEL draft with Fernandez-Villaverde and Schneider. Currently very scrappy and only the slides are on-line but hoping to post the paper on-line soon. Readings. Readings. Baye. 6. th. edition or 7. th. edition, Chapter 3. BA 445 Lesson A.4 Uncertainty. Overview. Overview. Overview. BA 445 Lesson A.4 Uncertainty. Expected Value . distinguishes good decisions from good luck. Gambling with positive expected value virtually guarantees . Bob Wells, Iowa State University (ISU) Extension and Outreach Field Agricultural Economist. Annie’s Project: Capacity Building, Delivery, and Evaluation of Risk Management . Education . for Iowa Farm and Ranch Women: St. Paul MN (IA, MN, WI) is based upon . Panel Discussion. Lynn H. Pottenger, PhD, DABT. The Dow Chemical Company. Uncertainty Workshop Focus:. Focus on identification of sources & communication of uncertainty in a risk assessment. Not how to measure. Making Uncertainty Valuable not Risky. About KCA. Management Consultancy focused on Energy, Technology, and Related Markets.. Work with clients to develop and implement game-changing strategies, improve operational efficiencies, and reduce costs through long-term competitive advantage.. Uncertainty. Karen . Akerlof. , PhD. Research Assistant Professor. Center for Climate Change Communication. George Mason University. What are the social science fields that study decision-making under conditions of uncertainty?. A Systematic Review of the Literature. Cindy Jardine. University of Alberta. S. Michelle Driedger. University of Manitoba. Study Objectives. To evaluate empirical studies of communicating uncertainty . Erzo F. P. Luttmer. Andrew A. Samwick. Dartmouth College and NBER. March 2017. Motivating Question. Future government policy is subject to uncertainty. How costly is this uncertainty?. When does policy uncertainty matter most?. A Guide for State Departments of Transportation . NCHRP Project 08-93. Project Objectives. Produce a guide. Provide a framework. Develop tools. Assist implementation. Demonstrate benefits. Build on previous research. Florence A. . Ochanda. MA Counselling . Psychology. Webinar: Uncertain times: Managing Anxiety. Introduction. Understanding uncertainty. Features and impact of uncertainty. Understanding how uncertainty fuels anxiety. Mahler. Norwegian Research Center for Computers and Law. Institute. for Private Law. The . faculty. . of. Law. University. . of. Oslo. Agenda. Introduction. Risk management. Legal risk management. , . Jaimovich. ,. “Really Uncertain Business Cycles”. Conference on . Inequality in a Time of Contraction. Stanford University. November . 13, 2009. Eric T. Swanson. Federal Reserve Bank of San Francisco. Richard J. Nugent III, Ph.D. . Economist, HEC-FDA Lead. Hydrologic Engineering Center . Davis, CA. agenda. What is flood risk, and how do we describe it?. How do we assess flood risk?. What goes into the uncertainty about flood risk?. . ignorance. in . technological. design. Introduction. . to. . Innovation. Sebastiaan van Delft. Why. is . this. important?. Faced. . with. risk-analysis . with. . every. (new) . technology.