Emergency Risk Managers tend to over manage unknown future events but make (6) very common mistakes. Â Black swan events are unpredictable events, such as predicting mass earthquakes and what to do encase. These events themselves are unpredictable and the model over a mass event happening every 100 years is the hypothetical model used.
Another example given above includes the lack of taking advantage of redundancy events. Example: We as a society must pay our firefighters for during and/or during a fire because this ensures that firefighters will be available when they are needed.















