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How to Model the Time of Perils?
Risk is at some perilously high level. And that's going to last for a perilous period or a time of perils. After these N centuries, if we survive then risk is going to fall to a much lower level RL for low and it's going to stay there until the end of time. If you reduce risk by 50%, that's five times as good as reducing it by 10%. Then you've got the same value mode but a much lowerlevel RL of risk. The term on the right can be quite large and push the model high.