low-probability, high-impact outcomes

There's an interesting Earth System Dynamics Discussion paper presenting a a simple proposal to improve the contribution of IPCC WG1 to the assessment and communication of climate change risks. Essentially, one can estimate the risk of some outcome by considering the likelihood of that outcome multiplied by the impact of that outcome. This is illustrated…

Studio AM - When thinking about risk, we have to keep in mind two things: Risk probability and risk impact. Risk probability reflects on what the chances are that a risk will

Risk Rating - What Is It, Example, Factors, Catagories

Risk Assessment: Likelihood & Impact - Pratum

TR 07- FI- 02 INTERNAL CONTROL – basic course COSO RISKS OBJECTIVES CONTROLS January 2009 EU Twinning Project TR 07-FI ppt download

Preparing for High-Impact, Low-Probability Events: Lessons from Eyjafjallajokull (Chatham House Report) (Chatham House Report, January 2012) - Bernice Lee; Felix Preston; Gemma Green: 9781862032538 - AbeBooks

Project risk assessment: example with a risk matrix template

A Risk/Impact Probability Chart

Discrete Probability Distribution: Overview and Examples

Impact and Probability in Risk Assessment - apppm

Project risk assessment: example with a risk matrix template

Electricity, Free Full-Text

The risk evaluation based on probability and severity of consequence 

Qualitative risk assessment

Gordon Leeks - The Effect of High Impact Low Probability E…

New tools and methods for High-Impact Low-Probability (HILP) event analysis - #SINTEFblog