The Issue – How do smart technologies create or alter risks in the home
Smart homes may sound exciting with new technologies enabling devices that can cover everything from automated climate and lighting to virtual assistants, fridges that restock themselves and access controlled remotely via an app. But smart homes may also create new risks alongside the benefits they bring.
Continue reading How much of a risk are we taking with smart homes?In the aftermath of the 2008 financial crisis it became clear that regulators had allowed many financial services firms to become “too big to fail”. Yet this system-critical firm problem is not confined to financial services. In their paper “Can electricity companies be too big to fail?” Ann van Ackere, Erik R. Larsen and Sebastian Osorio explain how a similar challenge faces the electricity sector, and offer some suggestions to help regulators prevent the lights from going out.
5 min read Continue reading Keeping the lights on: are electricity firms the next “too big to fail” crisis?
Business as usual is the normal state affairs, and the world that managers and policymakers operate within most of the time. Occasionally, however, that world is shaken by unforeseen extreme events, from stock market crashes to earthquakes.
5 min read Continue reading Tales of the unexpected: understanding risk at the extremes
