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7min chapter
Luis Seco — On Mathematical Beethovens, Decentralized Education & the Voyage to the Human Brain (EP.243)
Infinite Loops
Navigating Risk in Complex Landscapes
This chapter explores the limitations of traditional risk measures like value at risk, especially during financial crises, and emphasizes the need for a more nuanced understanding of risk influenced by nonlinear factors. Additionally, it highlights the importance of mathematics in assessing new complexities, including environmental, social, and governance issues as part of risk management.
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