Risk information – balancing priorities

Risk analysis

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My professional involvement with the use of computers for social scientific and financial analysis began over 30 years ago in the mainframe era. Needless to say, in the intervening years I have witnessed a revolution of breathtaking proportions. A case in point is that the portable notebook PC I use to write this column has 80 times the memory of the dual processor IBM mainframe my colleagues and I used to prepare econometric forecasts in the early 1970s. Despite this explosion in computing

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