Paul, Karamjeet S. - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-23
We make all decisions in the context of what we know and can envision. However, catastrophes often arise from what we … in preventing catastrophic meltdowns arising from what cannot be envisioned ex ante. In extreme situations, such … meltdowns can represent existential exposure to an organization, and thus cannot be ignored. Despite advances in risk management …