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Of Risk, Traffic Accidents, and Giant Flaming Meteors of Death

"The question of risk, and risk pricing has been on my mind. In particular, the difficulty in portraying the significance of small, contained, individual risk vs. global, catastrophic, highly correlated, and/or existential risk. This is a distinction which is poorly captured in much discussion...."

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Martin Seeger @Masek

@dredmorbius Martin's law of risk perception: The perceived risk is proportional to the font size in the newspaper ;-).

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