OIDD 261 Lecture Notes - Lecture 1: Advocacy Group, Production Schedule, Carcinogen
Notes from Slides 2:
A conceptual Framework for studying risk:
1. Risk Assessment and Vulnerability Analysis
2. Modeling of Risks
3. Statistical Data Building Scenarios
4. /3. Risk Management Strategies--Public Private Partnerships
2. (goes backwards)
• Public Perceptions
• Expert/Layperson Differences
• Risk Communication
1. Risk Perception and Choice
Components of Risk Management Strategies--Public Private Partnerships:
1. Information Provision
2. Incentives
3. Regulation
4. Standards
5. Compensation
6. Insurance
7. Liability
Risk Assessment:
• Encompasses estimates of both the chances of a specific set of events occurring and
their potential consequences
• Experts differ in their estimates of the risk
• Find you favorite expert to support your position
Vulnerability Analysis:
• characterize forms of physical, social, political, economic, cultural, and psychological
harms to which individuals and modern societies are susceptible
• Millions of dollars have already been spent to reduce our vulnerability (think Homeland
Defense)
Constructing Scenarios:
• What are the probabilities of specific events?
• What are the potential consequences?
Technological Risk Assessment:
• Fault trees
• Event Trees
• Applications
• Risks from a Liquified Natural Gas (NG) Terminal Estimating Damage from a
Natural Disaster
• Using exceedance probability curves to depict risk (probability that p(L)
losses will exceed L versus L (loss) in dollars
Health Risk Assessment
• Dose-Response Curves (is the price of 0 risk worth it?)
Risk Perception and Choice (Basic Concepts)
• Focuses on psychological and emotional factors that have been shown to have an
enormous impact on behavior
• Hazards where individuals have little knowledge and experience are highly
dreaded and perceived as being very risky
• Disparity between experts and laypersons
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Document Summary
A conceptual framework for studying risk: risk assessment and vulnerability analysis, modeling of risks, statistical data building scenarios, /3. 2. (goes backwards: public perceptions, expert/layperson differences, risk communication. Components of risk management strategies--public private partnerships: information provision, incentives, regulation, standards, compensation, insurance, liability. Risk assessment: encompasses estimates of both the chances of a specific set of events occurring and their potential consequences, experts differ in their estimates of the risk, find you favorite expert to support your position. Vulnerability analysis: characterize forms of physical, social, political, economic, cultural, and psychological harms to which individuals and modern societies are susceptible, millions of dollars have already been spent to reduce our vulnerability (think homeland. Technological risk assessment: fault trees, event trees, applications, risks from a liquified natural gas (ng) terminal estimating damage from a. Natural disaster: using exceedance probability curves to depict risk (probability that p(l) losses will exceed l versus l (loss) in dollars.