2019-Sustainable Industrial Processing Summit
SIPS2019 Volume 5: McNeil Intl. Symp. / Laws and their Applications for Sustainable Development
| Editors: | F. Kongoli, Y. Hayakawa, K. Oliver |
| Publisher: | Flogen Star OUTREACH |
| Publication Year: | 2019 |
| Pages: | 70 pages |
| ISBN: | 978-1-989820-04-9 |
| ISSN: | 2291-1227 (Metals and Materials Processing in a Clean Environment Series) |
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When the unforeseeable should have been predicted: Known unknowns and unknown unknowns in commerce
Robert Hunter1;1CITY DISABILITIES, London, United Kingdom;
Type of Paper: Regular
Id Paper: 382
Topic: 61
Abstract:
What has been learned about the kind of risks that many of us are not wired to predict and the kind of people who are most and least suited to predict them? Are there hidden features common to disasters and can we recognise them in advance in order to protect ourselves and our companies better? The last few decades have seen the development and application of chaos theory to areas as diverse as the stock market and epidemiology. Has this advanced our understanding of disasters, or has it simply confirmed that we can never understand them? The lecture will draw from a number of different fields, including economics, aviation, mathematics and the nuclear power industry.