nexustandards.com/systemic-risk · 3 taught
Systemic Risks
NRS-C5 Scenarios and stress testing; NRS-C16 Risk-informed decisions
Illustrative: branching futures, each branch weighted by its probability
Risk Academy, led by the Nexus Consortium · Risk Science and Methods
A probability only matters once someone decides on it and someone else understands it.
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DepartmentDisciplineNexus Standard taught here
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Search any place or open the world; the layers and generators follow department of Decision, Behaviour and Communication on the planet map, the globe and in 3D.
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Flat plan of the same data: relief, the three reference epicentres with magnitude and depth, and the numbers below; the sampler's figure shows one precomputed field with its parameters. The 3D twin opens on devices that can draw it, once its data and code have been checked.
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Flood water, active fires and surface heat beside population and night-time lights, over Italy.
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Hazards and exposure
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Hazards and exposure, framed on Italy.Satellite and model products as NASA publishes them, each with its own date. They are indicators, not assessments of any place.
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The Nexus Standards the department teaches toward, grouped by master standard, with the disciplines that teach each.
nexustandards.com/systemic-risk · 3 taught
NRS-C5 Scenarios and stress testing; NRS-C16 Risk-informed decisions
nexustandards.com/data · 2 taught
NRS-C8 Evidence, uncertainty and provenance; NRS-M1 Universal mathematics and statistics
nexustandards.com/early-warning · 1 taught
NRS-I2 Risk communication and public-safe dashboards
nexustandards.com/open-infrastructure · 1 taught
NRS-A7 Accessibility, plain language and translation of standards
Nexus Standards at the AcademyThe Academy proposes how each discipline teaches toward the Nexus Standards; the mapping is open for public review.
Research and preprints as they are published, by discipline, with the faculty's other tools.
The hub lists the newest research and preprints for 5 disciplines, each with its source and date. Open the research hub
Uncertainty and decision making, Scenario analysis and stress testing, Risk communication and risk literacy, Risk perception and behavioural science, Expert judgement and elicitation
Courses whose primary discipline is in this department, then courses from connected departments that also teach it.
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Key terms
This area covers how to describe, quantify and communicate uncertainty and how to decide under it: types of uncertainty, likelihood and confidence language, decision analysis, cost-loss reasoning and the value of information, expert elicitation, and methods for deep uncertainty such as robust decision making and adaptive pathways.
This area covers the design and use of scenarios and stress tests: narrative and quantitative scenarios, severity and plausibility, reverse stress testing, climate and systemic stress tests, sensitivity analysis and the governance of scenario work, including exercising scenarios with decision makers.
This area covers how people perceive risk and how to communicate probability, uncertainty and warnings so that they lead to action.
This area covers how people perceive, judge and respond to risk, and how behavioural science informs warnings, choices and policies.
Reports is the Consortium's quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.
Each discipline page sets out its scope, courses, labs, technology and key terms.