markets, such as natural disasters, terrorist attacks, and financial crises--as a problem of risk management. This is …

markets, such as natural disasters, terrorist attacks, and financial crises—as a problem of risk management. This is …

Recent advances in AI represent improvements in prediction. We examine how decision-making and risk management … strategies change when prediction improves. The adoption of AI may cause substitution away from risk management activities used … actions based on the predicted state). We provide a formal model evaluating the impact of AI and how risk management, stakes …