economic risks
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Waldorf believes it is important to be self directed and follow one's passion. Assessing risk, having success in past endeavors, and finding good people can mitigate the effect of following the path less traveled.
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Insurance provides significant risk management to a broad public, and is an essential tool for promoting human welfare. By pooling large numbers of independent or low-correlated risks, insurance providers can minimize overall risk. The risk management is tailored to individual circumstances and reflects centuries of insurance industry experience with real risks and with moral hazard and selection bias issues. Probability theory and statist...more
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Futures markets were started in Osaka, Japan in the 1600s to create an authoritative and meaningful market price for agricultural products, using standardized contracts. Since then, futures markets have been copied around the world to allow the hedging various future risks, financial and other. In the United States, the Chicago Mercantile Exchange and the Chicago Board of Trade have been the most popular futures trading markets. Although f...more
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The Entrepreneurial Career: Taking Risks and Putting Your Plan into Action
Stanford / Entrepreneurship
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Recent Women's Health Initiative (WHI) studies demonstrated that hormone therapy carries a number of health risks in woman not considered earlier, such as the increased likelihood of blood clots and stroke. Marcia Stefanick, PhD, professor of medicine at Stanford School of Medicine, served as chair of the WHI steering committee and she continues to analyze the project's data for other ill-effects.
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One of the central questions in assessing Stalinism is whether or not the abuses of the latter were already present in the first years of the Russian Revolution. The archival evidence suggests that this is partly the case, and that even in its early stages Soviet Russia actively persecuted not just those who were believed to have profited unfairly, without laboring, but also non-Russian ethnic groups. Stalin, although not an ethnic Russian...more
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This course is intended to provide an up-to-date introduction to the development of English society between the late fifteenth and the early eighteenth centuries. Particular issues addressed in the lectures will include: the changing social structure; households; local communities; gender roles; economic development; urbanization; religious change from the Reformation to the Act of Toleration; the Tudor and Stuart monarchies; rebellion, po...more
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Environmental Politics and Law (EVST 255) The lecture reviews the legal and economic strategies that can be used to manage coastal development. Over half of the United States population lives in coastal areas and will be affected by sea level rise and more intense storms. The lecture looks at the conflict between property rights and efforts to protect coastal ecosystems through the use of eminent domain to create national seashores. Bar...more
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Environmental Politics and Law (EVST 255) The lecture reviews water law in the United States, and highlights challenges inherent in regulating water quality. Aging water infrastructure, pesticide and herbicide application, and surface water runoff all pose challenges in maintaining a clean drinking water supply. The lecture covers pesticide management through the Safe Drinking Water Act (SDWA). The management of pesticides and herbicide...more
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Environmental Politics and Law (EVST 255) The United States government employed a variety of approaches to protect citizens from danger, including public education, nuclear weapons testing, and gathering data about the effects of nuclear testing. The US government's testing of nuclear weapons at the Bikini Atoll is used as an example of government approaches. Nuclear testing led to ecological devastation, leading the US government to mo...more
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Environmental Politics and Law (EVST 255) The United States' fragmented, piecemeal approach to environmental law is presented through the cases that led to the creation of major environmental statutes such as the Clean Water Act and the Resource Conservation and Recovery Act. The variety of federal agencies and levels of government that participate in creating and implementing regulation contribute to the fragmentation of American envir...more
