Today, Chuck talks about risk management theory and the ways to respond to risk. He talks about the difference between mitigating the likelihood of a risk and minimize the impact of a risk, then goes through the SARA acronym (share, accept, reduce, avoid).
Chuck refers to the episode 2×06 on surprisal in this podcast.
This episode is sponsored by our friends and generous backers on Patreon. Sponsors are needed to help the podcast grow and thrive. Sign up today!