A word of warning: This is not your typical journal article on supply chain risk. Risks and supply chains by Charles Tapiero and Alberto Grando starts out as an easy read, reviewing the literature and discussing the risk sources and risk consequences we all know by now, but it ends in an inconclusive and unsurmountable stack of equations not suited for the stochastically uninitiated researcher like me. Nonetheless, the arguments leading up to the equations are definitely worth reflecting on. In particular, the difference between external risks and risk externalities are worth noting.

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