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Social science fiction is a subgenre thereof, where social commentary (cultural or political) takes place in a sci-fi universe. Utopian and dystopian fiction is a classic, polarized genre of social science fiction, although most works of science fiction can be interpreted as having social commentary of some kind or other as an important feature ...
Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
Victor van Rij uses the concept of wild card and sees these as events which shake but also shape the future he distinguishes between "human caused" events where the "good" and "bad will" of actors is involved (like the fall of the Berlin wall, or 9–11), where the surprise is more or less subjective, and nature caused events (like tsunamis ...
There are several basic types of impact calculus that compare the impacts of the plan to the impacts of a disadvantage: Probability (one impact is more realistic than the other) e.g. Economic collapse is more seriously realistic than an outbreak of grey goo, therefore the risk of economic collapse outweighs the probability of a grey goo ...
Factors of risk perceptions. Risk perception is the subjective judgement that people make about the characteristics and severity of a risk. [1] [2] [3] Risk perceptions often differ from statistical assessments of risk since they are affected by a wide range of affective (emotions, feelings, moods, etc.), cognitive (gravity of events, media coverage, risk-mitigating measures, etc.), contextual ...
Project risk is defined as, "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives". Project risk management aims to increase the likelihood and impact of positive events and decrease the likelihood and impact of negative events in the project. [39] [40]
In probability theory, an event is a set of outcomes of an experiment (a subset of the sample space) to which a probability is assigned. [1] A single outcome may be an element of many different events, [2] and different events in an experiment are usually not equally likely, since they may include very different groups of outcomes. [3]
The risk is the probability of a loss tied to an asset. In FAIR, risk is defined as the “probable frequency and probable magnitude of future loss.” [5] FAIR further decomposes risk by breaking down different factors that make up probable frequency and probable loss that can be measured in a quantifiable number. These factors include: Threat ...