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The evolving risks of the 21st century and their effective management()
Risk management institutions can be reinvented in the 21st century in response to the changing nature of economic uncertainties and changing information technology. The COVID-19 pandemic and its effects on the economy provide an example of new kinds of uncertainties to be managed. National and inter...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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The Author. Published by Elsevier Inc. on behalf of The Society for Policy Modeling.
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9468301/ https://www.ncbi.nlm.nih.gov/pubmed/36118904 http://dx.doi.org/10.1016/j.jpolmod.2022.02.001 |
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author | Shiller, Robert J. |
author_facet | Shiller, Robert J. |
author_sort | Shiller, Robert J. |
collection | PubMed |
description | Risk management institutions can be reinvented in the 21st century in response to the changing nature of economic uncertainties and changing information technology. The COVID-19 pandemic and its effects on the economy provide an example of new kinds of uncertainties to be managed. National and international contracts should manage risks to claims on better-defined economic aggregates and prices of factors of human capital to make for better economic measurements and better risk management opportunities. The failures of international management of the COVID-19 pandemic, including failure to control the spread of misinformation, provide lessons for such new financial arrangements |
format | Online Article Text |
id | pubmed-9468301 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | The Author. Published by Elsevier Inc. on behalf of The Society for Policy Modeling. |
record_format | MEDLINE/PubMed |
spelling | pubmed-94683012022-09-13 The evolving risks of the 21st century and their effective management() Shiller, Robert J. J Policy Model Article Risk management institutions can be reinvented in the 21st century in response to the changing nature of economic uncertainties and changing information technology. The COVID-19 pandemic and its effects on the economy provide an example of new kinds of uncertainties to be managed. National and international contracts should manage risks to claims on better-defined economic aggregates and prices of factors of human capital to make for better economic measurements and better risk management opportunities. The failures of international management of the COVID-19 pandemic, including failure to control the spread of misinformation, provide lessons for such new financial arrangements The Author. Published by Elsevier Inc. on behalf of The Society for Policy Modeling. 2022 2022-09-13 /pmc/articles/PMC9468301/ /pubmed/36118904 http://dx.doi.org/10.1016/j.jpolmod.2022.02.001 Text en © 2022 The Authors Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Article Shiller, Robert J. The evolving risks of the 21st century and their effective management() |
title | The evolving risks of the 21st century and their effective management() |
title_full | The evolving risks of the 21st century and their effective management() |
title_fullStr | The evolving risks of the 21st century and their effective management() |
title_full_unstemmed | The evolving risks of the 21st century and their effective management() |
title_short | The evolving risks of the 21st century and their effective management() |
title_sort | evolving risks of the 21st century and their effective management() |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9468301/ https://www.ncbi.nlm.nih.gov/pubmed/36118904 http://dx.doi.org/10.1016/j.jpolmod.2022.02.001 |
work_keys_str_mv | AT shillerrobertj theevolvingrisksofthe21stcenturyandtheireffectivemanagement AT shillerrobertj evolvingrisksofthe21stcenturyandtheireffectivemanagement |