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Living in Extremistan: how exceedence probability and PML risk relate to planning, prevention, and response in homeland security.

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This module discusses how reality bears much resemblance to Nicholas Taleb's "Extremistan," a metaphorical world of extremes (as opposed to Pascal's world of averages). Discusses how mathematics inform policy, and why this can become problematic for policymakers and the public at large. Relates the classification of high and low risks. A recommendation for living in Extremistan: Expect the unexpected.
35 min  |  Jul 2010  |  Ted Lewis - Executive Director, NPS Center for Homeland Defense and Security
risk management
extremistan


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