Fear: Difference between revisions

Revision as of 17:26, 19 December 2020

Risk Anatomy™

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it was one of the twin pillars of global economics: the greed side. The other side is fear.

—Neil Innes, 2019

Risks that create fear in individuals:

Individual screwing up.
Known unknowns: remote but foreseeable contingencies coming about: the chicken licken scenario.

legitimate risks that do not create fear in individuals:

Unknown unknowns: black swans do not create fear. It is hard to blame an individual for not anticipating something that, Q.E.D., could not be anticipated.
Emergent risks: (this is in some respects a special case of an unknown unknown): risks that only arise at a level of abstraction beyond that for which the individual is directly responsible or accountable.

@@ Line 3: / Line 3: @@
 :''it was one of the twin pillars of global economics: the greed side. The other side is fear. ''
 ::—Neil Innes, 2019
+{{risk|Risk}}s that create {{risk|fear}} in {{risk|individual}}s:
+*{{risk|Individual}} screwing up.
+*[[Known unknown]]s: remote but foreseeable contingencies coming about: the [[chicken licken]] scenario.
+legitimate {{risk|risk}}s that do ''not'' create {{risk|fear}} in {{risk|individual}}s:<br>
+*'''[[Unknown unknown]]s''': [[black swan]]s do not create fear. It is hard to blame an {{risk|individual}} for not anticipating something that, [[Q.E.D.]], could not be anticipated.
+*'''[[Emergent]] risks''': (this is in some respects a special case of an [[unknown unknown]]): risks that only arise at a level of abstraction beyond that for which the {{risk|individual}} is directly responsible or accountable. <br>
 {{sa}}
 *[[Seven wastes of negotiation]]