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- Title
The COVID‐19 pandemic: Is it a "Black Swan"? Some risk management challenges in common with chemical process safety.
- Authors
Murphy, John F.; Jones, Jerry; Conner, James
- Abstract
The COVID-19 pandemic: Is it a "Black Swan"? They were in his view predictable.[3] Based on our experience in dealing with low-frequency (rare) high-impact scenarios in chemical process safety, we were asked our opinion as to whether the current COVID-19 pandemic should be classified as a Black Swan event. With multiple warnings from experts in epidemiology and related public health fields that a major pandemic is not a question of if, but only of when - the current pandemic cannot be viewed as a Black Swan.
- Subjects
CHEMICAL processes; RISK management in business; COVID-19 pandemic
- Publication
Process Safety Progress, 2020, Vol 39, Issue 2, p1
- ISSN
1066-8527
- Publication type
Article
- DOI
10.1002/prs.12160