Business Commons^™

Judging Dread: A Quantitative Investigation Of Affect, Psychometric Dread And Risk Consequence, Melvyn Griffiths

Theses: Doctorates and Masters

Risk is generally understood as a product of the likelihood and consequence of an event. However, the way in which estimations of consequences are formed is unclear due to the complexities of human perception. In particular, the influence of Affect, defined as positive or negative qualities subjectively assigned to stimuli, may skew risk consequence judgements. Thus a clearer understanding of the role of Affect in risk consequence estimations has significant implications for risk management, risk communication and policy formulation.

In the Psychometric tradition of risk perception, Affect has become almost synonymous with the concept of Dread, despite Dread being measured …

Consensual Security Risk Assessment: Overcoming Bias, Conflicting Interests And Parochialism, Benjamin Beard, David J. Brooks

Australian Security and Intelligence Conference

In a risk assessment process, insular methods of data collection and analysis may lead to an inaccurate risk assessment as stakeholders hold individual biases, conflicting interests and parochial approaches to certain risks. The article considered these issues and tested a consensual risk assessment approach that can overcome many of these issues. A staged risk assessment process was applied within an entertainment complex in the Security, and Food and Beverage Departments. Eight supervisors from the two departments participated in the study, with each participants individually interviewed on their view of predefined risks followed by the same risks discussed within a facilitated …