Contents
■ JUL|AUG ■ 2009 Features
COVER ILLUSTRATION
RICHARD THOMPSON
26 Rethinking Rationality
Economics and Human Nature
When it comes to many of our economic decisions, are we
predictably irrational? Can a nudge in the right direction help?
James Guszcza
38 Back to Basics
Systemic Risk and Everyday Behavior
To truly capture corporate risk, we must pay
closer attention to individual conduct.
Neil J. Cantle and Bradley M. Smith
42 The Future of
Enterprise Risk Management
The insurance industry must ask itself
some hard questions about its ability
to manage economic volatility, market
shocks, and unforeseen risk.
Robb Luck and Chris Karow
48 Managing the Risk
of Climate Change
As humans, we are all
part of the problem.
As risk professionals,
we have an important
role to play in its
solution.
Susan Woerner
52 The Jury’s Still
Out on Global
Warming
Do we need to
act now to avoid
cataclysm?
Or is the earth simply
going through its usual climate-changing cadence, as it has for
the past million years?
Michael A. Walters
57 Special Section
Reinsurance
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