article thumbnail

The Role Prediction Markets Play In Assessing Climate Risk

The Horizons Tracker

“The institutional arrangements under which climate-risk information is currently provided mirrors the incentive problems and conflicts of interest that prevailed in the credit-rating industry prior to the 2007/8 financial crisis,” the researchers explain. ” Understanding climate risk. ” Risk assessment.

Marketing 124
article thumbnail

The Real Solution Is Growth

Harvard Business Review

Recent headlines have focused on the debt ceiling , the recent credit rating downgrade , unemployment , and the other thorny fiscal challenges facing the United States. Patent protection is becoming a more bureaucratic, red-tape-ridden, and uncertain process. Patenting is the bulwark of the system.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

Use the right incentives. These incident investigations, conducted with the participation of managers, workers, and safety experts, examine the chain or root causes that led to the incident and then develop recommendations for preventing them in the future. Welcome a regulator as a “cheap consultant.”

article thumbnail

How Blockchain Could Help Emerging Markets Leap Ahead

Harvard Business Review

” Because it was explicitly designed to function in an environment where participants cannot necessarily trust each other, blockchain technology is extremely secure. Records held on a blockchain database are immune to being tampered with by third parties, and can thus be authoritative.