Archives For risk tradeoffs

Well it was either Crowley or Kylie Minogue given the title of the post, so think yourselves lucky (Image source: Warner Brothers TV)

Sometimes it’s just a choice between bad and worse

If we accept that different types of uncertainty create different types of risk then it follows that we may in fact be able to trade one type of risk for another, and in certain circumstances this may be a preferable option.

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