{
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 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/risk-assessment",
 "identifier": "kaal:entity:risk-assessment",
 "name": "Risk assessment",
 "termCode": "risk-assessment",
 "inDefinedTermSet": {
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
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   "name": "status",
   "value": "derived"
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   "value": 4
  },
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   "value": 4
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   "value": [
    "2016",
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 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2831040-023",
   "identifier": "kaal:claim:2831040-023",
   "text": "Early regulatory intervention is subject to massive information asymmetries and associated regulatory uncertainty because the early stage of an innovation often provides insufficient information about its possible risks and benefits.",
   "abstract": "early regulatory intervention in evolving innovative products/services etc. is subject to massive information asymmetries and associated regulatory uncertainty. The early stage of innovation often provides insufficient information on possible risks and benefits of the innovation.",
   "citation": "Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040",
   "datePublished": "2016",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "early stage innovation"
   ],
   "source_pdf_sha256": "de5156f14f44a5753cab55b6c4b03049eda58a143b99e08ef427aee1d261e1bf",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3405660-023",
   "identifier": "kaal:claim:3405660-023",
   "text": "Indirect regulation asks banks to fully assess the risk they incur from hedge fund counterparties, but that assessment is often dubious at best because of the opacity of hedge fund activity.",
   "abstract": "Regulators who regulate banks' risk management processes are in essence asking banks to fully assess the risks they incur in engaging with hedge funds as their counterparties. That assessment is often dubious at best.",
   "citation": "Kaal, Indirect Regulation of Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3405660",
   "datePublished": "2019",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "banks face opaque hedge fund counterparties"
   ],
   "source_pdf_sha256": "cf507b1833071765bc13a5605f38c2591582eca85f40869e38b6ff075c04d29d",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3411897-031",
   "identifier": "kaal:claim:3411897-031",
   "text": "Even if legacy insurers do enter the DApp market, their products may not fit the need, because actuarial methods for risk assessment under traditional insurance metrics are only partially compatible with rapidly evolving decentralized products.",
   "abstract": "Actuarial methods for risk assessment under traditional insurance metrics may be only partially compatible with rapidly evolving decentralized products.",
   "citation": "Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897",
   "datePublished": "2019",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "rapidly evolving decentralized products",
    "traditional actuarial risk assessment"
   ],
   "source_pdf_sha256": "82f0aea026b3e3a526ec51bc073b3b864dc06cd9083ff9c54c550037045edaa9",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3962614-007",
   "identifier": "kaal:claim:3962614-007",
   "text": "Deal evaluation and risk assessment in traditional venture capital is fraught with inaccuracies and suboptimal incentives.",
   "abstract": "Deal evaluation and risk assessment in traditional VC is fraught with inaccuracies and suboptimal incentives.",
   "citation": "Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614",
   "datePublished": "2021",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "traditional VC screening of early stage ventures"
   ],
   "source_pdf_sha256": "c6e202e77fd08db801f932774026458b94e5d103abf30cb1189fe6a1c5edf391",
   "status": "current"
  }
 ],
 "description": "4 claims in the published works of Wulf A. Kaal carry the concept tag 'risk-assessment'. Derived node: a roster, not an adjudicated definition."
}