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Mercers’ School Memorial Professor of Commerce Michael Mainelli

Mercers’ School Memorial Professor of Commerce Michael Mainelli. Save The World A Commercial Break. Outline. The price of fish Wicked problems Collaborate or collapse Market limits Whatever works. “Get a detailed grip on the big picture.” Chao Kli Ning. The Price Of Fish.

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Mercers’ School Memorial Professor of Commerce Michael Mainelli

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  1. Mercers’ School Memorial Professor of CommerceMichael Mainelli Save The World A Commercial Break

  2. Outline • The price of fish • Wicked problems • Collaborate or collapse • Market limits • Whatever works “Get a detailed grip on the big picture.”Chao Kli Ning

  3. The Price Of Fish [Source: http://www.tribuneindia.com/2004/20040622/nation.htm]

  4. Giant Yellow Croaker [Source: http://news.sohu.com/20070403/n249151441.shtml]

  5. Global Risks Global Distribution Of Flood Risk - Mortality [Source: Center for Hazards and Risk Research at Columbia University, 2005. Natural Disaster Hotspots: A Global Risk Analysis.]

  6. Rethinking Global Risks High Re-think Do IMPACT Ignore Marginal Low High Low Information EASE Disinformation

  7. Wicked Problems [Source: http://www.sandia.gov/news/resources/releases/2007/wickedproblems.html]

  8. Wicked Solutions [Source: Crisis and Risk Network, Swiss Federal Institute for Technology]

  9. Not Just Government, Aid Or Gods [Source: Church of the Flying Spaghetti Monster]

  10. Collaborate or Collapse • Participants • Methods • Outcomes • Principles [Source: http://www.chrishiggins.com/blog/archives/000238.html]

  11. Participants

  12. Methods • Knowledge • Markets • Standards • Policies [Source: http://www.epa.gov/OGWDW/methods/images/mssc0009.jpg]

  13. Outcomes Reward Expanding Frontiers Changing Systems Service Delivery Communitarian Likelihood Risk [Source: Z/Yen Group]

  14. Framework Example - Fish

  15. Principles Global Risks & Opportunities

  16. Efficient, Sustainable Markets Tsujiki Fish Market [Source: http://andrewmcblog.com/2006/04/tokyo-tsujiki-fish-market-639am.html]

  17. Market Limits

  18. Whatever Works “It doesn't matter if a cat is black or white, so long as it catches mice.” 不管黑猫白猫, 会抓耗子的就是好猫 [bú guǎn hēi māo bái māo, huì zhuā hàozi de jiù shì hǎo māo] Deng Xiaoping

  19. Discussion • Participants: Who identifies risks that warrant collaborative response? • Methods: What succeeds or fails? • Outcomes: How can success be measured? • Principles: What rules yield social benefits yet bestow commensurate commercial rewards? [Source: http://environmentdebate.wordpress.com/2008/01/13/global-risks-2008/]

  20. Save The WorldA Commercial Break Thank you! “Get a big picture grip on the details.”Chao Kli Ning

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