Duck, Duck, Black Swan: How the Brain Can Simplify Rare, High-Impact Events

Rare and unpredictable, black swan events can have massive impacts on process safety management. Will Sharpe's thought-provoking article, "Duck, Duck, Black Swan," featured in the AIChE CEP publication, explores the complex nature of these high-consequence, low-frequency incidents.

Will draws insightful connections between psychological principles and financial market theories to shed light on how we can better predict and manage these events. By addressing cognitive biases and using lessons from past incidents, this article provides valuable strategies for enhancing safety measures in the chemical process industries.

Read the full article here: https://bit.ly/4bQzaSM