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Full-Text Articles in Social and Behavioral Sciences
Uncertainty, Daniel A. Farber
Uncertainty, Daniel A. Farber
Daniel A Farber
The article discusses environmental risks and uncertainties and the current approaches to risk assessment. It is said that conventional risk assessment is a powerful methodology, but over-reliance on it can lead to a failure to acknowledge any risks that do not lend themselves to the technique. Uncertainties can be associated with fat-tailed distributions.