The following table is at least food for thought about hazard ratios in various activities in modern life. But as author Michael Cembalest of JP Morgan says in a new report, it’s not an altogether convincing exercise given the consequences of bridges failures, say, are very different from the consequences of a disruption in energy supply. It also doesn’t adequately capture the systemic consequences of a failure given that some failures have vastly larger network risk/cost effects than do others.
Chickens, Salmonella, Vasectomies and the Gulf Leak
By June 16, 2010 · ··