Titlebook: Managing High-Stakes Risk; Toward a New Economi Mark Jablonowski Book 2009 Palgrave Macmillan, a division of Macmillan Publishers Limited 2

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The Philosophy of ,,ritical distinction we make here is between the more mundane, day-to-day risks and those that affect our very survival. The focus on catastrophic, or what we might generally call . risks, brings an existential character to an otherwise technical discussion. We emphasize this existential character be

Radiation

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ATOPY

Risk Planning on a Wider Scale,the finality of their outcomes, requires a strong precautionary approach. From this basic nature of high-stakes risk, we can easily figure that some sort of planning effort is essential. We have framed this basic structure for assessing alternatives for safe progress using the scenario-based structu

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Achieving a Viable Utopia,ncreased uncertainty about doom. Casting our existence in terms of these tradeoffs only acts to devalue it. What then of a workable utopia that includes safe progress as one of its goals? The two fundamental choices remain: We can do nothing, enjoy the fruits of the high life, and wish for the best

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Planning for a Safer Future,he right decisions. This tricky balance challenges our ingenuity to the fullest. We need to identify and implement a process that . with regard to existential risk. If progress cannot be made safely, we forestall further action until we figure out how it can.

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Making Decisions Under Conditions of Risk,m. Although our concerns may be serious, many of us feel that those that can really do anything about these risks are able to understand, and hence control them. After all, that’s what a comprehensive plan of risk management at the individual, business or social level is all about, isn’t it?