Green swan and Homogeneous: Difference between pages

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''Risk management - systemic risk - climate-related risks''.
A homogeneous product has no distinguishing features, meaning that a consumer's preference is driven purely by price.
 
A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered by a climate-related event.
 
The term was popularised by Patrick Bolton, Morgan Després, Luiz Awazu Pereira da Silva, Frédéric Samama and Romain Svartzman in their 2020 book "The green swan - Central banking and financial stability in the age of climate change".




== See also ==
== See also ==
* [[Black swan]]
* [[Oligopoly]]
* [[COVID-19]]
* [[Perfect competition]]
* [[Fat tail]]
* [[Green swan]]
* [[Guide to risk management]]
* [[Heuristic]]
* [[Horizon scanning]]
* [[Moody's]]
* [[Optimal capital structure]]
* [[Optimisation]]
* [[Portfolio analysis]]
* [[Probability]]
* [[Redundancy]]
* [[Resilience]]
* [[Risk]]
* [[Stress test]]
* [[Unicorn]]
* [[Weighted average cost of capital]]
 
 
== External link ==
*[https://www.bis.org/publ/othp31.htm The green swan - Central banking and financial stability in the age of climate change]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 14:30, 1 May 2016

A homogeneous product has no distinguishing features, meaning that a consumer's preference is driven purely by price.


See also