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Risk analysis

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CNN

Prof. Arnold Barnett speaks with CNN reporter Jacopo Prisco about his forthcoming study examining the safety of air travel. “The main takeaway is that in the period between 2018 and 2022, the worldwide death risk per boarding was one in 13.4 million,” writes Prisco. “That means that if you picked a flight completely at random and just took it, your chance of dying in a plane crash or a terrorist act was about one in 13 million.”

The Hill

Writing for The Hill, Prof. Arnold Barnett examines the safety of passenger flights. “The safety of flying in countries like the U.S. is the eighth wonder of the world,” notes Barnett. “Far from being nervous as we approach the airport, we should be awestruck that flying is so free of risk — and deeply grateful to those who have made it so.”

The Conversation

In an article for The Conversation, graduate student Silvia Danielak delves into her new research exploring why disaster management models often need to be adjusted to better serve the needs of different communities. “Paying attention to the urban disaster managers’ understanding of place-based risk sheds light on the continuously compounding vulnerability and lack of sustainable disaster risk reduction in communities at risk,” Danielak writes.

Financial Times

Financial Times reporter John Authers highlights Prof. Andrew Lo’s work examining how human aversion to risk impacts financial decisions. Lo’s research provides evidence that “investors in markets will take risk-averse actions rather than the purely rational decisions that economists have classically assumed."