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January 16, 2015: New Model Planning Algos, the Unknowable Cost of Cyber Crime

Risk Science: What You Need to Read Today

Software That Knows the Risks

MIT News

Planning algorithms evaluate probability of success, suggest low-risk alternatives.

For Vulnerable Barrier Islands, A Rush to Rebuild on U.S. Coast

Yale Environment 360

Despite warnings from scientists, new construction continues on U.S. barrier islands that have been devastated by storms.

New Orleans Area Hurricane Levee Designs Should be Reanalyzed by 2018, Corps of Engineers Says

NOLA

Corps officials say the existing levees remain sufficient to protect from surges caused by a hurricane with a 1 percent chance of occurring in any year, the so-called 100-year storm.

Could Fracking Cause a Major Earthquake?

Discovery News

While the fracking boom in recent years has provided an economic boost to the United States and increased its energy independence, some worry that there’s a potentially catastrophic downside.

Risk Business: What You Need to Read Today

Climate Change Economics

National Geographic

Florida’s bill is coming due, as the costs of climate change add up around the globe. Adaptations will buy time, but can they save Miami?

Cyber-Crime and Business: Think of a Number and Double It

The Economist

Businesses would benefit from reliable information on cyber-crime’s costs.

Self-Styled Transparent Quant Fund Starts Operating in Japan

Bloomberg

Acadian Asset Management has set up in Japan as the nation starts to embrace smart-beta strategies.

Could Insurance Chief Could Be Next High-Level Official Scott Asks to Leave?

Tampa Bay Times

Sources inside and outside the insurance office acknowledge McCarty is under pressure to resign, after 26 years in state.