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Thanks for the thoughts, Mitch. I agree that the term is already in use but disagree about it being a subset. The word composite is used to denote including multiple risk elements, not just one as the read more
Composite risk is already a thing and a subset of risk. If we replace risk with composite risk, we only muddy the waters further. I also think we should strive for a common definition of risk across all read more
I propose: a. We adopt the term "Composite Risk" (Capitalized) to denote what we are talking about. b. Definition: Composite Risk is the combined probability of: circumstances causing negative or positive read more