UpsideRISK® Behavioral Economics at Work
 Our solutions help your people
maximize profits and minimize loss
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Judgment Bias is like having
 IT'S OBVIOUS TO EVERYONE BUT YOU!
But it is no laughing matter when you consider that poor decisions and reckless risk taking
have cost the global economy trillions in losses.
Behavioral economists have long known that people make poor financial decisions in predictable ways.
We utilize this research to help reduce errors in judgment so that problems can be avoided before they arise.
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What is Judgment Risk?
The global economic crisis has laid bare two
unmistakable human failings that have left
an indelible mark on the way that we will all
do business from now on:
1. People are subject to judgment biases that
lead to poor decision making.
2. People are prone to excessive and reckless
risk taking if an organization allows risk
appetite to go unchecked.
In combination, judgment bias and unrestrained risk appetite represent Key Risk Factors in the decision making process that expose organizations to what we call "JUDGMENT RISK". Copyright © 2009-2010 Upside Risk Corporation. All rights reserved. |