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Combine statistical data with experienced analysis for the best risk predictions

By Rees Morrison

An article in the Sloan Mgt. Rev., Fall 2010 at 51, contrasts what it calls the ?frequentist? method for risk management (also called ?objectivist?) with the Bayesian method (also called ?subjectivist?). Frequentists predict risks based on probabilities obtained from repetitive...

Full post as published by Law Department Management on October 11, 2010 (boomark / email).