This is a summary of links featured on Quantocracy on Friday, 05/22/2020. To see our most recent links, visit the Quant Mashup. Read on readers!
Research Review | 22 May 2020 | Tail Risk [Capital Spectator]The Law of Regression to the Tail: How to Mitigate COVID-19, Climate Change, and Other Catastrophic Risks Bent Flyvbjerg (University of Oxford) 13 May 2020 Regression to the mean is nice and reliable, regression to the tail is reliably scary. We live in the age of regression to the tail. It is only a matter of time until a pandemic worse than Covid-19 will hit us, and climate more extreme than any