Neither does the system use risk adjustment, which allows for factors affecting success rates, such as a pre-existing illness in a patient.

BBC: Surgery

Education policy needs to aggressively adopt the same kind of risk adjustment measures, if we hope to identify which high schools are truly doing the best job of educating their students and preparing them for the future.

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The Medicare program has plenty of authority to alter its risk-adjustment process in response to new evidence.

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Before we dismiss the regional-spending arguments though, consider the chicken and the egg aspect of the risk-adjustment process.

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Another problem is the way private insurers try to risk-select, in umpteen subtle ways, even when there is a risk-adjustment system to make that less inviting.

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Some say that at this time with a risk of monetary adjustment via higher central bank rates the hope premium may be unduly high.

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After adjustment for risk the active funds' edge grows to 1.3 points a year.

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Bold adjustment, which to its credit the new Greek government has already begun, will reduce the risk of Greece finding its debts unpayable in three years' time.

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