The Board of Audit and Inspection emphasized that the launch and activities of its Operational Reform Task Force (TF) represent a thorough process of self-examination and reflection, aimed at ...

The loss distribution approach (LDA) has evolved as the industry standard for operational risk models despite a number of known weaknesses. In particular, LDA’s traditional focus on historical loss ...

Ariane Chapelle is honorary reader in operational risk at University College London and the director of Chapelle Consulting, a UK-based risk management advisory firm Like others, my main emotion was ...

Psychological measures of decision making could help researchers better understand and model individual differences in Multiple Criteria Decision Making. However, such measures have so far gained ...