Probabilistic risk assessment

Probabilistic risk assessment (PRA) is a systematic and comprehensive methodology to evaluate risks associated with a complex engineered technological entity (such as an airliner or a nuclear power plant) or the effects of stressors on the environment (Probabilistic Environmental Risk Assessment – PERA) for example.[1]

Risk in a PRA is defined as a feasible detrimental outcome of an activity or action. In a PRA, risk is characterized by two quantities: Continue reading “Probabilistic risk assessment”

Time value of money

The present value of $1,000, 100 years into the future. Curves represent constant discount rates of 2%, 3%, 5%, and 7%.

The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later-developed concept of time preference. Continue reading “Time value of money”

Ofer Abarbanel on TASE Blockchain Upgrade

Israel’s securities lending market is reasonably developed but it is not fulfilling its full potential, now the Tel Aviv Stock Exchange looks to improve and advance it further with its new blockchain platform.
Yes, I agree, blockchain is a great technology but when it comes to changes you must have all TASE members and regulators devote time and effort into upgrading the market. If we see the start of a recession in 2019 then all of the upgrades will be pushed back indefinitely.Ofer Abarbanel, CEO of State Funds