picturepeople #51 : NOT SAFE!
not safe…
risk and uncertainty are part of our life.
risk is everywhere.
its presence is felt in every facet of our lives today.
risk cannot be fully avoided and should not be avoided.
it must be managed.
for most of us, the unknown – the element of risk – adds spice and excitement to our lives. usually, the greater the risk, the greater the potential reward. (1)
decision theory is designed to help choose among a set of alternatives in light of their possible consequences.
decision under certainty means that each alternative leads to one and only one consequence.
in decision under risk each alternative will have one of several possible consequences. (2)
We salute the improvement of the human genome by honoring those who remove themselves from it. Of necessity, this honor is generally bestowed posthumously. (3)
in other words: life happens while you’re planning other things…
(1) http://www.risknet.de
(2) http://pespmc1.vub.ac.be/ASC/DECISI_THEOR.html
(3) http://darwinawards.com
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Thanks to Marc Fischer and to www.ezprezzo.com !
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