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Bristol academic wins Science of Risk prize

Bristol academic wins Science of Risk prize | ESRC press coverage | Scoop.it

A research paper published earlier this year in Nature Communications has been awarded a Science of Risk prize by Lloyd’s.

The research, led by Dr Juliet Biggs of the University of Bristol, looked at satellite imagery data for 500 volcanoes worldwide, monitoring which volcanoes were deforming to establish statistical evidence of their eruption potential.

ESRC's insight:

The researcher was funded by STREVA - an interdisciplinary project funded by the NERC/ESRC Increasing Resilience to Natural Hazards in Earthquake-prone & Volcanic Regions programme involving the Universities of East Anglia, Bristol, Oxford and Leeds, the British Geological Survey and the Overseas Development Institute.

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Yes, it's a risk, but so is staying in the UK

At first sight the idea that to vote Yes in the referendum in September is to take a risk is stating the obvious.

ESRC's insight:

Features research carried out by Prof David Bell, under the ESRC-funded Future of UK and Scotland programme


The article was published on 6 May 2014

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Model risk: Risk measures when models may be wrong

Risk forecasting is central to financial regulations, risk management, and macroprudential policy. This column raises concerns about the reliance on risk forecasting, since risk forecast models have high levels of model risk – especially when the models are needed the most, during crises. Policymakers should be wary of relying solely on such models. Formal model-risk analysis should be a part of the regulatory design process.

ESRC's insight:

Article is co-written by Jon DanielssonDirector of the ESRC funded Systemic Risk Centre, London School of Economics

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The odds are on gamblers opting for an independent Scotland

The odds are on gamblers opting for an independent Scotland | ESRC press coverage | Scoop.it

Risk-takers and gamblers are more likely to vote Yes in the independence referendum, a major academic study has found.

ESRC's insight:

The article features research from the Future of UK and Scotland programme, funded by ESRC.


The article was published on 5 May 2014.

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