Center for the Economic Analysis of Risk

The Center for the Economic Analysis of Risk is a research organization dedicated to studying how individuals, businesses, and societies make decisions involving uncertainty and potential loss. It applies economic theories and data analysis to better understand risks, such as financial instability or natural disasters, and how they can be managed or mitigated. Their goal is to develop insights that help policymakers, insurers, and organizations improve risk management strategies, ultimately reducing costs and enhancing resilience in the face of unpredictable events.