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Minimally Destructive Scenarios and Cognitive Bias
Bias The author recommends the use of "minimally destructive scenarios" as part of an ORSA ... bias that can occur in risk decision-making. Part of the essay collection "Risk Metrics for Decision ...- Authors: Mary Campbell
- Date: May 2012
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Topics: Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk measurement - ERM; Modeling & Statistical Methods>Sensitivity testing