1. Extreme Event, Inc. THE PUZZLE? – How does 9.11 challenge our understanding of low- probability, high consequence events? WHY IMPORTANT? –Leads to identification of gaps in existing models, paradigms, and ways of addressing extreme events; –Leads to new insights about policy, managerial responses.

2. Extreme Event, Inc. HOW GO ABOUT THIS? – Commissioned people and students roundtable at IBM center –Case study of 9.11 Disciplinary perspectives on challenges to existing models/theories--Risk Perception, Decision Making, Risk sharing; Practitioner perspectives on what was unique about the event response and recovery. –Comparative aspects of 9.11 to other “extreme events”- -earthquakes, hurricanes.

3. Extreme Event, Inc. WHAT ARE THE KEY ISSUES TO ADDRESS? – Evaluate the reasonableness of response What is effective? What is ceremonial and ritualistic? What is fighting last war? –Key issues What are public and private sector impacts? What is impact on business? On residences? On insurance? How does this compare to other urban disasters such as Kobe earthquake? What is long term impact? Short term impact?

4. Extreme Event, Inc. HOW GET PUBLIC-PRIVATE INVOLVEMENT? –Advisory committee--diverse participation, including international participation; –Practitioner perspectives. HOW FUND? – With money and people’s time.