We will look at the recent tragedy of Boeing 737 Max 8 set in risk context. Media have produced numerous fascinating articles on the tragedy, its possible causes, and risk perception. One in particular made our eyebrows raise as it seems to come to astonishing conclusions based on ill-conditioned thinking. Ill-conditioned thinking in articles requires Boeing 737 Max 8 set in risk context We reproduce verbatim part of that article: To appreciate the psychology associated with these events, consider that in…
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Sexual “honey traps”, Security, Safety, SoP and my Mother Reportedly the Canadian Security and Intelligence Service (CSIS) recently tactfully warned travelling government officials that there are bad guys and girls out there who could attract them into sexual “honey traps” with the goal of bringing them under coercion, steel information or both. My Mama used to tell me not to accept candies from strangers (when I was a child of course, but actually she still does…). My Mama did not…
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The Comparative Decision Analysis Economic Safety Margin CDA / ESM™ methodology has been developed by Riskope International and is used to compare project alternatives in financial terms, including: life’s cycle balance including internal and external risks over a duration selected by the client, project implementation and demobilization costs and risks. The methodology is a vital element of a Risk Based Decision Making (RBDM) approach in alternative / project / investment selection based on solid economic concepts, exempt of the well know…
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