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The importance of statistical information to help us cope with disasters has never been clearer than over the past year. As the Covid-19 pandemic has gripped the world, numbers have become our bread and butter. Yet the pandemic has also highlighted the challenges and imperfections in many systems; …
Risk is a part of our everyday lives. When we wear a helmet to ride a bike, for example, we accept a small inconvenience to reduce the risk of a fall or an accident. When a homeowner decides to retrofit their house, they incur a cost to shield against an earthquake or a flood. Faced with the COVID…