Comment by ja30278

Counterpoint: As Taleb points out, car accident deaths are 'thin-tailed'; that is, the rate of car fatalities is essentially fixed (and predictable by looking at past data), while terrorism is 'fat-tailed', and the number of deaths that would be caused by a dirty-bomb in Manhattan does not appear in historical data, and so it can't be 'priced' in the same way.