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Uncertainties in risk assessments

Uncertainties in risk assessments derive from data, model and system uncertainties. In addition, these mix with soft issues like language and cultural barriers. There are for example languages where the term “risk” simply does not exist, like in Japanese. The closest word Japanese have in their language is 危険 (kiken). It means danger, risk, hazard, peril, jeopardy, pitfall all in one. Thus it fails to grasp the specific concept of risk and generates confusion. This is the reason they had…