March 04, 2014

Whitepaper about systemic risk of risk modelling

Here is our whitepaper about the systemic risk of modelling, the first official output of the FHI-Amlin project.

The first section is about what systemic risk is, and how people use the term - in finance, in ecology, in technology. The second section is about the "autopilot problem", how models lull us into false security. And the final section is about asymmetric error checking, how we accidentally introduce our biases into our models.

Here is a cheerful little film about the collaboration. After all, this is just the start.

Posted by Anders3 at March 4, 2014 05:51 PM