)[1] The topic of balancing risk and innovation using information and the cognitive processes involved also appears at this time.
The US business writer David Apgar defines it as the capacity to learn about risk from experience.
[4] The UK philosopher and psychologist Dylan Evans defines it as "a special kind of intelligence for thinking about risk and uncertainty", at the core of which is the ability to estimate probabilities accurately.
[5] Evans includes a risk intelligence test (RQ) in his book and on his website (below) analogous to IQ or EQ.
"[7] He has argued that risk intelligence is essential to survival, success, and relevance of companies and investors in the post-crisis world.