Professor Hooked on @RISK Brings its Benefits to Cal State Monterey Bay

Dr. Sumadhur Shakya, Assistant Professor of Operations Management & Agribusiness at California State University, Monterey Bay (CSUMB), has used @RISK in his own academic research and as a teaching tool in his classes, Operations Management and Supply Chain Management. Indeed, thanks to his championing of the software, 360 students at CSUMB will use @RISK, annually, […]

Students Use Palisade Tool to Analyze Amazon and FedEx’s Financial Risk

Industry leaders Amazon and FedEx may want to take a look at Virginia Commonwealth University students’ projects–their reports  reveal key driving risks that affect the companies’ bottom lines. Dr. Etti Baranoff, an Associate Professor of Insurance and Finance at Virginia Commonwealth University in Richmond uses @RISK in her business school class, ‘Managing Financial Risk’. In […]

Using @RISK for a Drug Development Decision: a Classroom Example

At Illinois State University, Associate Professor of Finance Domingo Joaquin uses @RISK to demonstrate how simulation modeling can be employed to support the R&D decision of a pharmaceutical firm, illustrating countless risk evaluation examples to students. Dr. Joaquin uses the example of the fictitious company “Drugco”, which has just successfully completed Phase I and Phase […]

Addressing Deadly Hepatitis B: UCSD Research Using @RISK and PrecisionTree Informs Public Health Policy

The Hepatitis B virus is 100 times more infectious than HIV, and kills more than 780,000 people each year. It can cause a potentially life-threatening liver infection often leading to cirrhosis and liver cancer.  It’s also preventable with a series of vaccinations. Yet throughout the past 30 years, the U.S. Preventative Services Task Force (USPSTF) […]

@RISK Helps Zero-In on U.S. Senate Race Outcomes

The midterm Senate race is fast approaching—and so are the speculations on its outcome. Previously, Lawrence W. Robinson, Professor of Operations Management at Cornell University’s Johnson Graduate School of Management used @RISK to statistically predict the senate races, using data from the stats-centered news site, FiveThirtyEight.   FiveThirtyEight was founded by statistician and political analyst Nate […]

How Sustainable is that Salmon Farm? @RISK Helps Evaluate.

Aquaculture has become a booming industry in many regions of the world. According to the World Bank, nearly two-thirds of the seafood we consume will be farm-raised in 2030. However, commercial aquaculture can have negative environmental impacts, such as high nutrient waste and low oxygen environments. Integrated Multi-Trophic Aquaculture (IMTA) are managed, multi-species aquaculture systems […]

@RISK Improves Upon Black-Scholes Options Pricing Method

The financial world holds a great deal of risk. To help balance some of the unknowns, Dr. José Raúl Castro Esparza, professor at Benemérita Universidad Autónoma de  Puebla, in Puebla, Mexico has used @RISK to create a more exact and accurate pricing strategy for a key financial tool, the derivative. He has used this model […]

@RISK Takes Nate Silver’s Senate-Race Predictions a Step Further

Statistician super-star and  FiveThirtyEight editor Nate Silver has gained fame for his spot-on predictions around elections; he had accurate predictions for all 50 states during the 2012 presidential election. While it seems that Silver has the power of precognition, he actually relies on refined statistical methods—including weighting various political polls—to make predictive models. Recently, Silver and […]

@RISK and RISKOptimizer Help Manage Decisions around Debt Portfolios and Capital Investments

When faced with multiple kinds of debt instruments or exclusive capital investments, how can an analyst make a decision that maximizes reward but minimizes risk? Emmanuel Donkor, a quantitative analyst and faculty member of the School of Engineering and Applied Sciences (SEAS) at George Washington University addressed these complicated problems, using Palisade software @RISK and […]

KSU Researchers have Beef with Cattle Industry Biosecurity

When it comes to cattle, biosecurity could use some beefing up. Beef producers commonly import new animals into their herds, but don’t take measures to decrease risk of disease introduction. Reproductive disease is an important cause of lost production and economic return to beef cow-calf producers, causing estimated losses of $400 to $500 million dollars […]