Abstract
It is well known that the proactive treatment of global risks constitutes a very strong process of global risk governance. Moreover, it is readily understood that this process is supported by the use of various stochastic discounting models. The present paper concentrates on the formulation and the representation as a random contraction of a stochastic discounting model. The paper also provides an interpretation of the formulated stochastic discounting model in proactive treatment of the severity of a global risk.
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