Random Contractions in Global Risk Governance

Download or read book Random Contractions in Global Risk Governance written by Panagiotis T. Artikis and published by Springer Nature. This book was released on 2022-01-31 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to the area of ongoing global risks and the area of forthcoming global risks, particularly necessary for the implementation of very important interdisciplinary research activities. Global risks are defined in this study as having a global geographical scope, an inter-industrial presence, and exceptionally critical stages of economic and social participation that necessitate a major multi-stakeholder input. In addition, global risks demand an extremely extensive priority in decision-making allowance. The theoretical and practical results of this work are strongly connected to several quite useful factors. The present work mainly concentrates on the contribution of probability theory in the advancement of the practical applicability of global risk governance. More precisely, the work introduces structural stochastic concepts and fundamental stochastic results for the formulation of stochastic models of various global risk governance operations particularly valuable in proactive treatment of several groups of global risks.