Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

Discover how Hyperbolic Absolute Risk Aversion models risk tolerance, influences investment choices, and simplifies financial ...

Effective risk attribution should be directly aligned with the underlying investment process to ensure relevance and actionable insights. Our research demonstrates how risk attribution can be aligned ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...

Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. As climate change accelerates, so does the need for ...