> How does one figure out discount for things > like earthquakes, terrorism or other "disasters"? > Fabio
Where the probabilities are unknown, there is uncertainty rather than insurable risk, and such chances are like many other uncertainties that entrepreneurship necessarily deals with. One either confronts or disregards the uncertainty. People could escape the threat of terrorism by moving to New Zealand, but few seek that option. I live in California where earthquakes can strike, and choose not to move out. So there are worse things than these possible disasters. People prefer a low chance of disaster than the sure trauma of changing locations and affiliations. Fred Foldvary ===== [EMAIL PROTECTED]
