Inflation Is The Rise Of Priced Goods And The Fall Of...

ECON-50-16209 SU 2016 [ Erica Vergara, ID#0678025 ] Essay 1: Question 1: Inflation is the rise of priced goods and the fall in value of money. Deflation is when prices of good and services fall. We are concerned about both because they can harm the economy. In the video, â€Å"Inflation or Deflation?† by Merle Hazard, he asks if the banks will the central bank get traction soon or will it lose its grip? In regards to being in a recession, Hazard is questioning if the banks will be able to control what is happening or will it crash which happened in the Great Depression. He also continues to describe how the government prints more money to compensate for the prices which is inflation. Hazard also asks if the dollars in his mattress, will buy†¦show more content†¦This can be caused by wage inflation. Several people assume since deflation is the opposite of inflation it is better. However, deflation can also harm the economy. A huge amount of unemployment is shown in deflation. An economic deflation is an indication that this economy is diminishing. The United States experienced deflation before. According to Kalen Smith, â€Å"Massive deflation helped turn a recession into the Great Depression. As unemployment rose, demand for goods and services fell† (http://www.moneycrashers.com/deflation-definition-causes-effects/). There are several factors that cause deflation. Some factors are changes in structures of capital markets, decreased currency supply, and decreased government or consumer spending. As a result, deflation can cause decreased wages, decreased business revenues and reduced value in investments. Overall, deflation slows down economic growth in economies. The government regulates the economy to control inflation and deflation. By calculating the Gross Domestic Product Deflator or Consumer Product Index, one can check for inflation. The Gross Domestic Product Deflator compares the current level of prices to the level prices of the base year or previous years. By using this, economists are able to calculate the inflation rate (text, p. 5-4b). This is how

E Paging A Small Research On The It Infrastructure Of...

Project on IT Solutions A small research on the IT infrastructure of small company in US 12-5-2015 1. INTRODUCTION 1.1. Company Overview E-Paging is a small company hosted in fiscal and strategic partnership terms, and aligned with an existing consolidation of incorporated companies in the US. It was founded by a local citizen who had been previously under remote employment of the aforementioned US-based group of firms. In the US, these companies primarily provide managed IT services to healthcare industry, both hospitals and individual doctors. Some of the front-end names the company operates under are XPMUSA (Excellence in Practice Management, Inc.) and Prologix, Inc. These services include but are not limited to general EHR†¦show more content†¦1.4. Products EPaging deals with customized IT and software solutions, Managed and diversified back office services, virtual administrative assistance to corporate clients, WEB SEO. Some of the products of this company are: †¢ Hire An Assistant (hireanassistant.com) †¢ Microsoft platforms (SharePoint and Dynamics) development and deployment †¢ Android Apps †¢ Medical Billing and Coding †¢ Hosted IP-PABX Solutions 1.5. Problems In a survey done, EPaging was found to be facing some IT issues and these are as follows. †¢ The company uses an open-source CRM for this purpose. Although it can prove to be effective, but it’s not strictly followed †¢ The company needs a database management system to handle it’s day to day project profits †¢ For E Medical Bill generation and other activities that are routine work the company’s workers face great deal of trouble and it is time consuming doing it manually †¢ Epaging needs its own mobile application to generate more orders in a day from regular clients as mobile applications are more user friendly than browsing a website from phone †¢ The company outsources its content and graphics work to freelancers, because they do not require it regular basis. Too much funds are shelled out in small chunks and add up to a large figure 2. SOLUTIONS 2.1. 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Endangered Animals Free Essays

Vaquita Length: up to 5 feet- newborns are roughly 2 ft Population: about 30 Habitat: the northern Gulf of California Diet, fish, fish,fish, squid, fish, crustaceans, and more fish Scientific name: phocoena sinus Lifespan: up to 21 years Fun Facts: Vaquitas never stop smiling =) Vaquitas are very shy Vaquita means little cow in Spanish The international committee for the recovery of the vaquita (CIRVA) is trying to close fishing units in the northern Gulf of California. Researchers are taking pictures of the vaquita to prove to the Mexicans that the vaquita are real (some think that it’s a mythical creature like a unicorn to us except it’s real). Black Rhino Herbivore eats plants such as grass ,fruit, berries, and leaves. We will write a custom essay sample on Endangered Animals or any similar topic only for you Order Now Predators humans and wild cats. Can be up to 5.2 feet tall To help it eat, the black rhino have a square lip to eat the leaves and plants. Population 5000-5400 Female rhinos use their horns to defend their babies. Humans are the only real threats. 2000-4000 pounds. Habitat sub Saharan Eastern Africa. Top speed 34mph Most Black rhinos actually use their horns for defense, imitation, digging roots, and breaking branches. Fun facts: It has 2 horns Has poor vision and when it smells something unknown it will attack it Females are probably the best moms. Their horns are made from the same material as our fingernails so when they break they grow back (unless you poach it). One of the threats is that some of the people who kill the black rhino are some Asian people that think that the horn provides special medicine. To help them, it is now illegal to purchase a rhino horn. Sumatran Orangutan Population: 4,613 Habitat: North Sumatra and Aien Scientific Name: Pongo Abelii Omnivore (bugs, shoots, and fruit) Weight: 66- 180 lbs (30-82 kg) Fun Facts: You can tell the gender of a Sumatran Orangutan by whether or not it has a beard or not. A Sumatran Orangutan once took care of a baby tiger. One reason the Sumatran Orangutan is endangered is from logging and forest fires. The SOCP (Sumatran Orangutan Conservation Program) is a haven to keep the Sumatran Orangutan safe in captivity. Black Footed Ferret The most endangered animal in North America. Diet: Prairie dogs but, if there are none around it will probably eat a mouse or squirrel Population: about 300 in the wild. Weight 1.5-2.5 lbs Length 18-25 Habitat grasslands (Great Plains). Common predators Coyotes, badgers, and great horned owls. Fun fact: Only ferret native to North America Main threats to the black footed ferret are habitat loss and disease. World Wild Life (WWF) and tribal communities are: Maintaining and enhancing the existing ferret population. Identifying and establishing new ferret reintroduction sites. Addressing sylvatic plague. Driving resources to achieving recovery. Farmers thought that prairie dogs were ruining their grass so they poisoned them, but when black footed ferrets eat the prairie dogs they get something called sylvatic plague. Red Wolf Under 50 individuals in the wild. Diet Deer, raccoons, and other small mammals. Predators: Other wolves, coyotes, and humans. Weight: 40-90 lbs. Lives in south eastern America. Hunting style: alone or in packs. Top speed 46 mph. Lifespan: 10-12 yrs in the wild, about 15 in captivity Similar to the German shepherd. Scientific name canis Rufus. Defense, sharp teeth. Fun facts: Smaller cousin of the grey wolf Nocturnal, shy ,and secretive Can give up to 10 pups in a litter. Cubs are born blind and stay with their pack until they can defend themselves (and of course see) Named the red wolf for its cinnamon like color fur. Threats to the red wolf are habitat loss, climate change, and mismanagement. On the other hand ,the only REAL predator is the grey wolf and rarely the coyote. They were hunted by humans until almost extinction in the 1800-1900s. Now we are allowing 24hr coyote hunting to help keep the red wolf safe. Also, there is a NO HUNTING OR TRAPPING season which I think should be always. How to cite Endangered Animals, Papers Endangered Animals Free Essays string(21) " some basis in fact\." Endangered Animals Humans are destructive. Not a lot of us think about how what we do affects the world around us. We almost act like we are the only ones on this planet. We will write a custom essay sample on Endangered Animals or any similar topic only for you Order Now We go around polluting and destroying our world with no regard for our actions. The things that live out in the wild are paying the price for it. Every day that passes there is another animal or plant that is placed on an endangered list. This is happening at an alarming rate. Because of man’s desire to expand and conquer their surroundings, there are animals and plants that are on the brink of extinction that will not be around for our kids and future generations to enjoy if something is not done about it now. This problem has been going on for hundreds of years. There are animals and plants that can only been seen in paintings or early photography. It is because of our early ancestors that we have this problem today and we have to do more to prevent more animals and plants from disappearing forever. So what is an endangered species? What is an extinct species? What has happened to cause them to become endangered or extinct? What needs to be done in order to save the endangered species from becoming extinct? Can anything be done to save them? The answer to most of these questions is not known by everyone. With all the attention that this subject gets from the government or groups that fight for the environment, it gets the same amount of disregard from the public. Many people want to help or donate but very few of those actually follow through. This is a very important subject that needs to be taken serious by the public. It needs their full attention because they are the ones that can truly make a change. People really don’t understand the concept of extinction. If something becomes extinct, there is no coming back, no reset button. It is gone forever. So it is imperative that things are done to prevent more animals and plants from disappearing. The best thing to happen as of yet to advocate for preservation of our nature’s beautiful things is The Endangered Species Act. First enacted in 1973, the Endangered Species Act is one of the most critical laws that have been put in place to protect our environment and the organisms that live in it. It protects more than the threatened and endangered animals, in fact. When restrictions are placed on certain activities because of their potential to affect threatened or endangered organisms, those same restrictions serve to a degree to protect the non-threatened, non-endangered organisms that live in association with them. Entire ecosystems are often protected. Some, however, are more critical of the Endangered Species Act than they are complimentary. They contend it should either be abolished or greatly paired down. Supporters of the Act, in turn, often argue that the Act should be strengthened. The intent of this paper is to explore both sides of this argument and to try and reach a conclusion as to exactly what should happen to the Endangered Species Act. The effectiveness of the Endangered Species Act is hard to argue. The US Fish and Wildlife Service Reports (2009) that twenty-two species that are at one time listed as endangered have now been taken off the list as they are no longer endangered. Only two species that were ever put on the list prior to their actual extinction have now become extinct (US Fish and Wildlife Service, 2009). Additionally, twenty-three other species that were once classified as endangered have now recovered to the point that they are considered threatened, a less critical status (US Fish and Wildlife Service, 2009). Less encouraging, however, is that far too many species actually go extinct while they are being considered for listing (US Fish and Wildlife Service, 2009). Ironically, many critics of the Endangered Species Act argue that the fact that key animals have recovered justifies abolishing the Act in its entirety! Conversely, it is argued by proponents of the Endangered Species Act that the need for the Endangered Species Act obviously does not end when any one animal is taken off the list. Consider, for example, the case history of the gray wolf (Canis lupus). The gray wolf is not only one of the most impressive of the large North American mammals it is also one of the most misunderstood. The history of the gray wolf since the arrival of the European peoples who indiscriminately displaced both indigenous human populations and indigenous animal and plant populations has been interlaced with attempts at extermination and, more recently, conservation. The species was almost reduced to the point of extinction before public sentiment would sway to the point where it would receive some protection. First listed as an endangered species in 1973, the gray wolf (thanks to the conservation efforts and severe legal penalties for harming this species that are attributable to the Endangered Species Act) is one of the success stories of the Endangered Species Act. With the upswing in the gray wolf population, however, there has been a consequent increase once again in the same public resentment which almost obliterated the gray wolf from the face of the earth just a few decades ago. This resentment, and the loss of habitat which seems to characterize so many indigenous species of the Americas, translate to a continuation of the rocky road which the gray wolf has traveled for so long. The plight of the gray wolf can be directly related to the fact that the wolf is considered a threat to man and livestock alike. Although wolf behavior makes them little threat to man the general, the public regards the wolf as a menace waiting in the woods to consume babies and to slaughter livestock. While the former concern is preposterous, the latter does have some basis in fact. You read "Endangered Animals" in category "Essay examples" Indeed, wolves have been documented as preying on livestock. There are, however, reasons behind the changes we are noting in the gray wolf’s traditional prey regime. Current management efforts for the gray wolf must, in fact, address the many changes confronting the wolf today. These changes include the impact of humans, impacts such as habitat loss, the reduction of prey numbers, and the consequent increase of wolf to prey ratio. In many areas where the wolves natural prey has decreased they have retreated to island like enclaves, some of which are in unfortunate association with livestock interests. In other cases, however, the wolves still enjoy some habitat that is protected in the name of other organisms that are still on the endangered species list. Proponents of the Endangered Species Act use the fact that the wolf population or any other delisted organism’s populations could once again begin a downward spiral. The obvious conclusion is that the Endangered Species Act is anything but obsolete. It is just as needed today as it was when it was first implemented. Another common criticism on the Endangered Species Act is that too many organisms are listed. Many of the species on the Endangered Species list, for example, are subspecies. Critics of the Act argue that sub categorizing a species and identifying some of those categorizations as either threatened or endangered is unjust because the species as a whole is doing just fine. Ecologically, however, subspecies are important. It is important to remember when considering subspecies that they sometimes occupy a completely different ecological niche than do other members of their species. Furthermore, they are unique enough physiologically that that uniqueness itself justifies the added protection being included on the endangered or threatened list provides. Another argument that is lodged against the Endangered Species Act is that some of the species have no real value in today’s world. Some, in fact, are commonly looked on with disdain by many. Consider, for example, the plight of bats, several of which like the Indiana Bat are included on the endangered species list. These bats have not only endured significant threats in the past, they are currently dealing with yet another threat. That threat is a disease called white-nosed syndrome, a disease that currently is affecting a potentially serious number of bats in the northeastern United States and possibly in Canada and even Europe. any thousands of bats have already died and others are sure to suffer a similar fate. The US Geological Survey’s National Wildlife Health Center estimates that as of August 30, 2008 some 100,000 have died in the northeastern US in association with this mysterious condition. Some estimates of bat mortality associated with white nose syndrome, however, are considerably higher. Cohn (2009), for example, estimates that some 500,000 bats have died in just the last two winters alone. Cohn (2009) reveals that some populations have been reduced by ninety percent. To understand the full impact that white nose syndrome might have one needs to consider not just how the disease is impacting bats but also how decreased bat populations could impact other aspects of our world. Bats are one of the primary natural controls of insects that we have. One estimate is that the total number of bats that have already died in association with white nose syndrome will result in a minimum of 2. 4 million pounds of insects not being consumed by those bats (The Economist, 2008). As one article summarizes, the impacts will extend beyond â€Å"an itchy evening in the garden. Without bats, farmers may have to use more insecticide, raising environmental worries and pushing up grocery prices† (The Economist, 2008, 49). Another considerations is that if we llow bat populations to continually flounder then potentially dangerous insects will undoubtedly increase in numbers. Many of these insects carry diseases like encephalitis and malaria, diseases that directly impact human beings. In addition to their importance in controlling insect populations, bats are an integral component of their ecosystem in other respects. Many invertebrates and microbes depend on them in one respect or another in their own life cycles. Consider, for example, the importance of guano deposits in the cave ecosystem. Without those deposits countless number of other organisms would be deprived the habitat they need to survive. Those organisms, in turn, are eaten by other organisms. The impact caused by depletions in their numbers could reverberate all through the ecosystem. So too could the impact of not listing a species like bats on the endangered species list because of perceptions about their value as an organism! We are, in fact, fortunate as a country because we have the resources to sub categorize our natural world and to delve into the subtle ecological distinctions that sometimes characterize it. Poorer countries are not that fortunate and one result is that subspecies are not typically found on their lists of threatened and endangered species despite the fact that subspecies are an important ecological element there (Birder’s World, 2010). Neither are some of the species that are perceived as less important or desirable. Birder’s World (2010) cautions that there is a fine line between too much sub categorization and too little because â€Å"defining too many taxes can create excessive administrative costs and dilute conservation dollars . . But defining too few taxes can hinder the effective conservation of imperiled biodiversity† (11). Having considered both sides of the argument surrounding the Endangered Species Act, it seems logical to conclude that, despite the fact that they Endangered Species Act could stand some improvement in terms of the speed of the bureaucracy that governs it, the Act itself is quite sufficient as is as long as it is administ ered to the full extent of its power. There is a growing tendency in government, however, to undermine the strength of the Endangered Species Act by making decisions on when and where to apply it a political matter rather than an ecological matter (Munro, 2010). To do this is to insure that ultimately it will not just be the environment and the wile organisms that live in it that will lose, it will be mankind as well. How to cite Endangered Animals, Essay examples Endangered Animals Free Essays Endangered animals are one of the most issues that are affecting the earth today. Endangered animals are any species of animals that is at significant risk of extinction due to the dramatic decline in its population and habitat destruction. The endangerment caused by poaching, global warming and human activities. We will write a custom essay sample on Endangered Animals or any similar topic only for you Order Now All life on earth is part of a nature balanced, and all species are dependent on each other to maintain the planet’s ecosystem. Removing one species from the system will have some effects.  (Endangered species) claims that there is inconceivable calamity when species disappeared; calamity that cannot expect it. This essay will discuss some information about endangered animals around the world. Trade of Animals The animals are becoming sort of trades in poor places around the world, where no local markets to deter the hunters. In addition, those animals could be a kind of luxury food in rich countries. That is to say illegal hunting refers to how it is important is the money today even if at the expense of animals. Duffy writes that †The size of even legal international wildlife trade is staggering; worth approximately US$160 billion per year, it is one of the most valuable businesses in the world† (Duffy, 2010, p. 17). Species Donnellan points out that â€Å"Today there about 5,000 endangered animals and at least one species die out every year† (Donnellan, 2000, p. 9). One of the most endangered animals is a Siberian tiger. There are only 200 Siberian tigers in the wild, and almost of them are in nature reserves. However, elephants go side by side with Siberian tigers. There are two species of elephant, the African elephant and the Asian elephant. Elephant is an amazing creature that can lives in all major habitats. Furthermore, elephant has an important role on their habitat. They allow the grassland to regenerate again by fall the trees. Certainly when they walk they create paths for other creatures and also water hole. Donnellan (2000) states that Care for the Wild International support elephant conservation by provides items like vehicles for many places in Africa. Causes of Endangerment Poaching The picture of poaching is complicated, because it covers a wide range of activities. Poaching actually is illegal hunting of any creatures, whether banned by every government in the earth of wildlife. Furthermore, Poaching take of us unique species of animals, such as elephants and tigers. In order, Duffy (2010) argues that the wildlife agencies faced many task of tackling poaching. For instance, conservation practice has been progressively to stop the poachers. Duffy provides information about poaching, †In 1988 president Moi in Kenya gave permission for the Kenya wildlife service to use a shoot-on-sight policy against suspected poachers† (Duffy, 2010. p. 82). Global Warming Effect National Geographic (2012) insists that the Global warming is a long term change effective the average of weather occurs to a particular region. Similarly, changes may happen due to human activities which include the combustion of fossil fuels in cars. With reference to emitted from cars that are the most dangerous types of gases that called by carbon dioxide. So what the impacts of the global warming have been on wildlife? Only increasing one degree could melt the ice which involve Arctic sea ice, ice sheets that cover Greenland and mountain glaciers where are habitats for many species of animals. National Geographic shows that †Polar bear, Arctic wolf, Arctic fox and Seals are threatened now† (National Geographic, 2012). Moreover, the increase of sea level laid the marine mammals in a serious situation that depend on the ice to survive. Solution Extinct is to be gone forever, so how to protect the endangered animals? Animal needs three essential things to live; fresh air, pure water, food and place to live. People try to help endangered animals from extinction in many different ways. (Endangered species) notes that the Conversation Organisations work to aware people from the consequences of extinction. However, they scream to protect the animals habitat and building nature reserves. Also, captive breeding is another solution which is the breeding of animals in zoos to preserve endangered animals. So what we can do to help the endangered animals in the world. Certainly reduce the amount of paper could survive the habitats while all people know that the papers comes from trees. Conclusion The plant produces things that are important to save the human life. Conserve animals may lead to protect the plant where all of the humans live. Donnellan suggests that †Roughly 99 percent of threatened species are at risk because of human activities alone† (Donnellan, 2000, p. 63). Scientists try to reduce the influence of human activities as much as possible, and recover the habitats. Conservation Organisations present the solutions for the governments that protect endangered species from extinct while the governments able to Impose strict laws in the face of offenders. How to cite Endangered Animals, Papers

Identification of the risk in the GYM-Free-Samples-Myassignment

Question: Develop Risk Management Options for Gym by Considering It as a Business College is Australian College of Sports and Fitness. Answer: Identification of the risk In identifying the risk in the gym and fitness center, the first method is to identify the potential areas from where the probable risk can get originated (Pritchand PMP, 2014). Interview and SWOT analysis are being initiated in order to identify the probable risk of the Australian college of sports and fitness. SWOT analysis is being used in order to identify the potential threats and weaknesses of the organizations (Raspotnig Opadahl, 2013). Interview method is being used in order to gather the response from the users and the trainers in the fitness center regarding the potential areas of risk. Identified weaknesses Some of their gym equipments are quite older compared to the new age tools used. Thus, risk related to the injury of the users from the older equipments is more. Currently they are not having any branch apart from their main center. Thus, the market presence is less compared to their competitors. Identified threats New age gym centers are providing various added facilities along with providing better equipments. This is attracting more customers compared to Australian college of sports and fitness. Thus, probability of financial risk is more (Christoffersen, 2012). This organization is not having proper and up to date facilities and ambience for their users compared to their competitors. Thus, risk of negative word of mouth from the existing users is more along with having the risk of delay in providing proper medical care in case of any mishaps. Classifications of risks identified Operational risk: One of the key risks identified is the operational risk. This is due to the reason that, in the above analysis, it is being identified that Australian school of sports and fitness is having inferior quality equipments compared to their competitors (Lam, 2013). Thus, chance of operational risk is there due to the probability of accidents due to the equipments. Safety risk: Another identified risk is the safety risk. This is due to the reason that, fitness and gym centers are directly related to the safety of the users. There may have accidents from the gym equipments, which will prove safety risk for the users. Technical risk: Technical risk is also relevant and identified due to the reason that, machineries and tools can have technical issues at any time (McNeil, Frey Embrechts, 2015). Thus, technical risks are being associated with the fitness center. Cost risk: Cost risk is also being associated with this fitness center due to the reason that, origination of the negative word of mouth from the existing customers will have negative impact on their business potentiality (Khodakarami Abdi, 2014). Thus, they will lose new customers along with the reduction in the generation of revenue. Risk assessment Probability Impact Identified risk Minor Moderate Major Extreme Associated stakeholders Operational risk Rare Low Low Low Medium Customers and trainers. Safety risk Moderate Low Low Medium Medium Customers and trainers Technical risk Likely Low Medium Medium High Trainers and other internal stakeholders Cost risk Very likely Medium Medium Medium High Senior internal management Low Medium High Risk assessment analysis From the above assessment of the identified risks, it is being seen that in majority of the cases, both the internal and external stakeholders are being involved. Probability of operational risk is rare due to the reason that, periodic maintenance of the equipments is being carried out. However, there is a moderate chance of having extreme impact on the organization due to its more impact area (Li, 2014). Safety risks are having moderate chance of occurrence due to the reason that, safety cannot be effectively and wholly initiated. However, it is not having high impact due to the reason that, safety and health are being taken care of in this fitness center. Technical risk is having more chance of occurrence due to presence of the tools and machineries in the gym center. Moreover, it is having risk of extreme impact due to the reason that, origination of the safety issues may have huge implications on the internal stakeholders. Probability of the cost risk is also high due to the reas on that, in the current business scenario, they are having huge number of competitors and thus, reduction in revenue generation can happen anytime. Risk treatment options There are various options available for the risk treatment such as avoidance, reduction and acceptance. Avoidance refers to the process of avoiding the probable areas of origination of the risk in the organization. Australian school of sport and fitness can avoid the use of the older equipments in order to avoid the associated risks. Reduction refers to the mitigation of the originated risk. In this case, they can provide proper first aid facility in order to reduce the impact of the safety hazard. Acceptance refers to the retention of the risk that cannot be mitigated or prevented in the business (Menoni et al., 2012). Australian school of sports and fitness should accept the fact that safety risks will be there no matter how much precautions will be initiated. Evaluation and monitoring of the risk management The first step in evaluating the risk management is to identify the key issues, which will be mitigated by the implementation of the risk management. It is will help in further steps to monitor whether the issues are being mitigated or not. The next step involves comparing the outcome of the risk management with that of the expected objectives. This will help to identify the effectiveness of the risk management in the organization. The next step is to identify the external business environment. This is due to the reason that in the current business scenario, business scenario change is rapidly occurring. Thus, the change in the business scenario should be effectively identified in order to modify the policies accordingly. The next step is to modify the existing risk management plan according to the change in the current business scenario. This will help to enhance the effectiveness of the risk management along with adhering effectively to the change in the external environment. The last step is to review the modified risk management with that of the current state of affairs. This will help to identify the weaknesses and effectiveness of the raisk management. References Christoffersen, P. F. (2012).Elements of financial risk management. Academic Press. Khodakarami, V., Abdi, A. (2014). Project cost risk analysis: A Bayesian networks approach for modeling dependencies between cost items.International Journal of Project Management,32(7), 1233-1245. Lam, J. (2013). Operational Risk Management.Enterprise Risk Management: From Incentives to Controls, Second Edition, 237-270. Li, W. (2014).Risk assessment of power systems: models, methods, and applications. John Wiley Sons. McNeil, A. J., Frey, R., Embrechts, P. (2015).Quantitative risk management: Concepts, techniques and tools. Princeton university press. Menoni, S., Molinari, D., Parker, D., Ballio, F., Tapsell, S. (2012). Assessing multifaceted vulnerability and resilience in order to design risk-mitigation strategies.Natural Hazards,64(3), 2057-2082. Pritchard, C. L., PMP, P. R. 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