Friday, October 16, 2020 at 12pm CT
The Tommy G. Thompson Center was pleased to welcome Dr. Howard Kunreuther for a virtual webinar on emergency preparedness. Dr. Kunreuther is the James G. Dinan Professor Emeritus, Operations, Information and Decisions (OID) Department at the Wharton School, and co-director of the Wharton Risk Management and Decision Processes Center. He has a long-standing interest in ways that society can better manage low-probability, high-consequence events related to technological and natural hazards. He co-authored The Ostrich Paradox: Why We Underprepare for Disasters, which discusses six common decision-making biases in cognitive psychology and behavioral economics in relation to preparing for disasters: myopia, amnesia, optimism, inertia, simplification, and herding.
Justin Sydnor, who is the Leslie P. Schultz Professor in Risk Management & Insurance at the Wisconsin School of Business, served as moderator. Cosponsors of this webinar were the Austin E. Cofrin School of Business at UW-Green Bay, Lubar School of Business at UW-Milwaukee, and the Wisconsin School of Business Department of Risk & Insurance at UW-Madison.