Risk: A Philosophical Introduction to the Theory of Risk Evaluation and ManagementThe book is an introduction to the theory of risk with an emphasis on its philosophical dimension. It deals with such issues as: What is the conceptual nature of risk? What role does the value system of those involved play in risk assessment? What is the nature of the responsibility of risk managers towards the constituency they serve? The book is not addressed solely to philosophers, however, but to those who are concerned professionally with risk assessment or risk management. No book currently on the market provides a comparable coherent clarification of the field and so effectively demolishes the fallacies and misunderstandings that are rife within it. |
Contents
THE NATURE OF RISK | 5 |
NEGATIVITY EVALUATION AND COMPARISON | 18 |
PROBABILITY AND ITS RAMIFICATIONS | 33 |
Copyright | |
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acceptable accident Accordingly action actual affords alternative analysis appraisal approach arises assessment avoidance balance basis become benefits calculation catastrophe chance choice circumstances clearly comparison consider considerations cost course dealing death decision determining dilemma economic effectively evaluation eventuations example expected expected value expected-value face fact Figure future gamble given hazard human important increasing indicate individual interests involved issue judgmental limits lives lose loss magnitude matter means measure nature negativity NOTE operate ordinary outcome particular person political poses position possible potential preferable present principle probability prospect question range rational realization reasonable reduce regard relative represent requires risk risk management rule safety seen side simply situation social society sort standard subjective substantial sure technological theoretical theory things threat tion unacceptable uncertainty various zero