Biases in Risk Identification, Prioritization and Principles of Risk Evaluation
By Raj Chakraborty
Risk is a very common phenomenon in today’s world, and it is changing rapidly. The big question is how we identify these risks and what are the associated biases. Identifying risks is an art of applying scientific principles of known and unknowns. The knowns are a phenomenon of the past and unknowns are the transformation of the presence in the future. The biases in risk identification evolve from individual, institutional or global experiences.
This eBook explores:
- Types of Bias
- Effective Risk Identification
- Risk Qualification and Prioritization