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"Otherwise, no parent or nobody would want to go on an expedition where a risk was categorised as likely yet the planning wasn't there.
The general principle illustrated by this example is that where a risk of loss is known to only one party to the contract, the other party is not liable for the loss if it occurs.
We applied the methodology to an area of north-west Italy that was affected in 2011 by a dramatic rainfall-induced landslide event, and where a risk management program is necessary for avoiding future losses.
Hodgson said: "We have certainly not given up hope, albeit in situations where a risk has to be taken with a player, we make no bones that we have always erred on the side of the Premier League.
The evaluation led to a confirmation of the process of LAQM but also a simplification based on the experience of Round 1. Now, a two step process is required comprising of an Updating and Screening Assessment and, where a risk of exceeding an Air Quality Objective (AQO) is identified, a Detailed Assessment follows.
Although pseudonymized data is likely to still be considered personal data; certainly where a risk of reidentification remains.
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In a continuous-time setting where a risk-averse agent controls the drift of an output process driven by a Brownian motion, optimal contracts are linear in the terminal output; this result is well-known in a setting with moral hazard and – under stronger assumptions – adverse selection.
A number of advanced nuclear reactor developers are targeting the Canadian market, where a risk-informed regulatory framework is considered more flexible and conducive to licensing new designs than in the United States, and where numerous remote communities and industrial facilities represent captive electricity consumers.
Locally advanced rectal cancer (LARC) is a heterogeneous group of tumors where a risk-adapted therapeutic strategy is needed.
Participants' preference for risk was identified by assessing the contribution of the variance of gambles to behaviour, where a risk-seeking participant is one who shows a tendency to choose gambles with high variance.
At a national hospital in New Zealand, Pattison et al. [ 8] developed and tested an antepartum risk scoring system (N = 29,101 consecutive pregnancies) using prior obstetric history and current pregnancy risk factors, where a fetal risk score ≥ 3 denoted high risk.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com