Biasing, censoring and confusion in risk approaches

This conversation between a client and Riskope illustrates common biasing, censoring and confusion in risk approaches. We always warn our clients against biasing, censoring to avoid corporate blunders and make them aware of common practice costly confusion. We hope this example will help fostering good understanding of some issues. An interesting conversation with a agro-industrial client During a kick-off discussion with an agro-industrial client interested in risk management, they stated: “As to the risk management issue, we will focus on…

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