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Published byJeremy Crawford Modified over 6 years ago
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Risk, uncertainty and ignorance in technological design
Introduction to Innovation Sebastiaan van Delft
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Why is this important? Faced with risk-analysis with every (new) technology or innovation
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Risk Colloquial meaning Scientific meaning
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Uncertainty and ignorance
Donald Rumsfeld: Distinction between risk and uncertainty Objective probability Subjective probability Risk Uncertainty Ignorance Known Unknown
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How to deal with it? Risk Risk-analysis; cost-benefit analysis
Maximizing expected utility Ignorance Uncertainty Precautionary approach
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Precautionary approach
Case nuclear power plant
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Precautionary approach
Case GMO’s
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How to decide? Discussion Interdisciplinary approach
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