Risky Business - The management of Risk and Uncertainty

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Abstract

Statistically, it is common knowledge that flying is less dangerous than driving a car. But have you ever thought why people behave as if the opposite is true? Why is it safer on the roads now than when cars were first invented? And why did the government feel that killing so many cattle in the wake of the crisis surrounding bovine spongiform encephalopathy was justified? Risk is something that plays a part in everyone's life. Calculations about risk are …