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Professor Sam Savage, Stanford University: The arithmetic of uncertainty


Themes: Guest speakers, Risk

At the Centre for Risk Studies’ 4th Annual Meeting, leaders and decision makers from business, government, inter-governmental organisations, academia and NGOs explored the links between risk and strategy.

Challenging the customary perception that risk is the threat of loss with predominantly negative undertones, the annual conference encouraged broader discussion about opportunities that emerge in a risky environment.

People sweep uncertainty under the rug even though technology allows them to perform the arithmetic of uncertainty points out Sam L. Savage, Consulting Professor at Stanford University and Executive Director of ProbabilityManagement.org.