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Risk Theory

Rational Decision in the Face of Chance, Uncertainty, and Risk

Nicholas Rescher

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Springer International Publishing img Link Publisher

Geisteswissenschaften, Kunst, Musik / Allgemeines, Lexika

Beschreibung

Apart from its foray into technical issues of risk assessment and management,  this book has one principal aim. With situations of chancy outcomes certain key factors—including outcome possibilities, overall expectation, threat, and even luck—are measurable parameters. But risk is something different: it is not measurable a single parametric quantity, but a many-sided factor that has several different components, and constitutes a complex phenomenon that must be assessed judgmentally in a highly contextualized way. This book explains and analyzes how this works out in practice.


Topics in this  work include choice and risk, chance and likelihood, as well as outcome-yield evaluation and risk. It takes into account abnormal situations and eccentric measurements, situational evaluation and expectation and scrutinizes the social aspect of risk. The book is of interest to logicians, philosophers of mathematics, and researchers of risk assessment. The project is a companion piece to the author's LUCK THEORY, also published by Springer.

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Schlagwörter

Uncertainty of Risk, Abnormal Situations and Eccentric Measurements risk, Philosophy of Risk, Rational Choice Theory, Chance and Choice risk management, Risk Assessment and management, Chance and Likelihood probability, Social Aspect of Risk, Rational Decision and risk assessment, risk fate and control, Mathematics of Risk, Outcome-Yield Evaluation and Risk, Situational Evaluation and Expectation risk, Pearl Harbor risk management, Risk Management, Impredictability risk