Talk:Risk/Archives/2014
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The "Further Reading" section purports to be "a list of books about risk issues", but is really just a list of books about some potentially dangerous things (almost exclusively in geography) e.g. "Floods", "An introduction to geologic hazards" etc. It seems pretty clear that these aren't helpful to an understanding of Risk in general. DM4242 (talk) 11:17, 28 April 2013 (UTC)
- I would suggest spinning this section, now renamed, off to a separate article or deleting it altogether. Sincerely, DA Sonnenfeld (talk) 14:06, 31 August 2013 (UTC)
Removed poorly sourced allegation
I removed this, as there isn't sufficient info to identify the source.
Additionally, it is worth noting that from a societal standpoint, losses are much more lucrative than gains, as governmental bodies will do anything it takes, according to recent research, to avoid losing or resorting to an inferior position. {{Cite book|author=Nichols R |chapter=Risk |title=Working Hypotheses |edition=40 |location=New York |year=2000 |page=4}}
- It is counter-intuitive: "losses are much more lucrative than gains". They are?
- Sweeping generalization: "governmental bodies will do anything it takes...to avoid losing or resorting to an inferior position". All governments? Individuals are no different!
Find the source, and add specific locale, date or regime.--FeralOink (talk) 19:31, 9 May 2014 (UTC)
Definition of risk.
Definitions vary, but the definition I've found to be useful is Risk = Probability of hazard X exposure of asset or population X vulnerability of asset or population. So, for example, the risk of a population to an earthquake can be measured in terms of the probability of the occurrence of an earthquake with shaking (horizontal acceleration) above a certain level, times the proximity and number of people living in the vicinit where the earthquake is likely to occur, times the vulnerability of the population's buildings to falling down for given level of shaking. In this sense, this equation is an elaboration of those that are presently in this Wikipedia "Risk" page, section "Risk assessment and analysis". DoctorTerrella (talk) 14:15, 9 August 2014 (UTC)