Thus, if we have to give a brief definition of the risk society, it should refer to a new stage of development in the context of globalization, i.e., a social formation with global social risk as a predominant issue due to the human behavior and decision making, and various global risk...
"So, we need to make sure that we are modeling the tail of the distribution really well, and that we're capturing the really wet years — the years where there's a higher frequency of torrential rain in association with events that we model." 28 | EXPOSURE | Issue 05 www.rms.com/...