Smart Risk Governance as The Future Risk Communication

Recent crises have seen large spikes in asset price risk. We propose an explanation for such panics based on self-fulfilling shifts in beliefs about risk. A negative link between the current level and the future risk of an asset price leads to a circular relationship between the stochastic process of asset price risk and the price itself. Self-fulfilling shifts in perceived risk can be coordinated around a pure sunspot or around a macro fundamental. In a risk panic, a macro fundamental can be a focal point that affects both the magnitude of the panic and subsequent shifts in perceived risk.

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In the aftermath of the financial crisis: risk governance and the emergence of pre-emptive surveillance

Review of International Studies ◽

10.1017/s0260210513000132 ◽

2013 ◽

Vol 40 (2) ◽

pp. 227-246 ◽

Cited By ~ 1

Author(s):

JOHN GLENN

Keyword(s):

Financial Crisis ◽

Rare Events ◽

Risk Society ◽

Risk Governance ◽

Financial Reforms ◽

Radical Reform ◽

The Future ◽

Recent Financial Crisis

AbstractThis article examines the financial reforms that have been undertaken through two perspectives on risk: that of Beck's world risk society and an alternative Foucauldian approach. The former argues that, catastrophes such as the recent financial crisis will induce a political shift towards a cosmopolitan form of statehood. Yet, the lack of radical reform since the financial crisis would suggest otherwise. The article therefore argues that what we are witnessing is best understood in terms of reflexive governance in which the various rationalities of risk are reassessed and strengthened in order to avoid a similar occurrence in the future. Moreover, in response to the uncertainty that surrounds such rare events, more intense forms of surveillance have been adopted with the objective of pre-empting any future crisis. Yet, for various reasons, the reforms remain rather limited and the new rationality of pre-emption is unlikely to prevent further crises from occurring in the future.

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Plasma retinol, β-carotene and vitamin E levels in relation to the future risk of breast cancer

British Journal of Cancer ◽

10.1038/bjc.1984.50 ◽

1984 ◽

Vol 49 (3) ◽

pp. 321-324 ◽

Cited By ~ 141

Author(s):

N J Wald ◽

J Boreham ◽

J L Hayward ◽

R D Bulbrook

Keyword(s):

Breast Cancer ◽

Vitamin E ◽

The Future ◽

Future Risk ◽

Plasma Retinol ◽

Β Carotene

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Serum Myeloperoxidase Levels Are Associated With the Future Risk of Coronary Artery Disease in Apparently Healthy Individuals

Journal of the American College of Cardiology ◽

10.1016/j.jacc.2007.03.033 ◽

2007 ◽

Vol 50 (2) ◽

pp. 159-165 ◽

Cited By ~ 294

Author(s):

Marijn C. Meuwese ◽

Erik S.G. Stroes ◽

Stanley L. Hazen ◽

Joram N. van Miert ◽

Jan Albert Kuivenhoven ◽

...

Keyword(s):

Coronary Artery Disease ◽

Coronary Artery ◽

Healthy Individuals ◽

The Future ◽

Future Risk ◽

Artery Disease ◽

Apparently Healthy

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Serum Uric Acid Level as a Harbinger of Type 2 Diabetes: A Prospective Observation in Taiwan

International Journal of Environmental Research and Public Health ◽

10.3390/ijerph17072277 ◽

2020 ◽

Vol 17 (7) ◽

pp. 2277 ◽

Cited By ~ 1

Author(s):

Wen-Chih Wu ◽

Yen-Wen Lai ◽

Yu-Ching Chou ◽

Yu-Chan Liao ◽

San-Lin You ◽

...

Keyword(s):

Type 2 Diabetes ◽

Uric Acid ◽

Serum Uric Acid ◽

Diabetes Risk ◽

Current Evidence ◽

Study Cohort ◽

The Future ◽

Future Risk ◽

The Impact

Background: Current evidence suggests an association of uric acid with diabetes risk, but it is still unclear whether uric acid is merely a risk marker or an independent risk factor. We evaluate the impact of serum uric acid (SUA) levels on the future risk of developing type 2 diabetes, independent of other factors. Methods: A population-based cohort study was conducted among 4130 participants who were found to be free of type 2 diabetes at baseline recruitment in 2002. Baseline SUA measured in 2002 was longitudinally related to the incident type 2 diabetes that occurred during the follow-up period between 2002 and 2007. Hazard ratios (HRs) and 95% confidence intervals (CIs) derived from Cox proportional hazards models were used to quantify the association. Results: There was a graded increase in the incidence of type 2 diabetes among individuals with increasing levels of SUA. In the whole study cohort, compared to quartile 1, the multivariable-adjusted HRs (95% CIs) of type 2 diabetes in quartile 2, quartile 3, and quartile 4 were 1.69 (0.76–3.76), 1.86 (0.88–4.26), and 1.94 (1.05–4.05), respectively (P for trend = 0.004). This positive gradient for the risk of type 2 diabetes across quartiles of SUA was evident in both genders and across age groups. Conclusions: This study supports that high uric acid concentrations are associated with increased diabetes risk, independent of other known risk factors. These data expand on well-established associations between SUA level and metabolic syndrome, and extend the link to the future risk of type 2 diabetes.

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Birthweight and the future risk of cardiovascular disease: Does intrauterine malnutrition have a role in fetal programming?

Journal of Laboratory and Clinical Medicine ◽

10.1067/mlc.2001.120112 ◽

2001 ◽

Vol 138 (6) ◽

pp. 378-386 ◽

Cited By ~ 6

Author(s):

A.Selçuk Adabağ

Keyword(s):

Cardiovascular Disease ◽

Fetal Programming ◽

The Future ◽

Future Risk ◽

Intrauterine Malnutrition

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Predictive Medical Information and Underwriting

The Journal of Law Medicine & Ethics ◽

10.1111/j.1748-720x.2007.00150.x ◽

2007 ◽

Vol 35 (S2) ◽

pp. 36-39 ◽

Cited By ~ 2

Author(s):

John H. Dodge

Keyword(s):

Americans With Disabilities Act ◽

Medical Information ◽

Disability Insurance ◽

Insurance Companies ◽

Medical Conditions ◽

Mental Impairment ◽

Major Life ◽

The Future ◽

Future Risk ◽

Definition Of

Predictive medical information is used by underwriters to assess the future risk of a claim in medically based insurance products such as health, life, and disability insurance. Medical underwriting involves the science of evaluating medical information to determine the risk for groups of individuals with various medical conditions. In disability insurance, this involves an evaluation of medical information to predict the risk of becoming disabled.Before discussing medical underwriting, an understanding of certain terms used by disability insurance companies and the products that are available is required. The first is the definition of disability. The Americans with Disabilities Act (ADA) defines disability as the following:A physical or mental impairment that substantially limits one or more of the major life activities; or has a record of such an impairment; or is regarded as having such an impairment even when no impairment exists, no substantial limitation results from the impairment, or the impairment is only substantially limiting because of the attitudes of others.

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