By Henri Loubergé (auth.), Professeur Henri Loubergé (eds.)
Orio Giarini The "Geneva organization" (International organization for the examine of threat and coverage Economics) was once based in 1973. the most target was once to stimulate and arrange target learn within the box of probability, uncertainty, and assurance, in an international during which such concerns have been essentially changing into of larger and larger relevance for all fiscal actors. This was once a pioneer ing attempt, in particular as financial idea and the educating of economics have been nonetheless anchored to the foremost idea of normal equilibrium less than an assumption of simple task. hence, we needed to commence our paintings virtually from scratch. one of many first tasks was once to compile in Geneva, in June of 1973, the entire lecturers in Europe already all for possibility and coverage economics. We discovered 8 from 5 various nations who by no means had met earlier than. This seminar chaired by way of Raymond Barre, the 1st president of The Geneva organization, was once the 1st of an annual sequence that grew to become referred to as the seminar of "The ecu team of danger and assurance Economists." considering the fact that then greater than a hundred economists from so much ecu international locations in addition to contributors from different continents and particularly from the USA have taken half during this seminar.