Abstract
Risk analysis should be supported by a deterministic view of the world that consists of a strict relation between the cause and effect. This analysis should be based on the fact that risk is latent and will be revealed once the dynamic complexity is provoked through the impact of external and internal influencers. Such analysis will not impose a search for limited categories of risk, prejudge a risk severity, or search for a particular risk amplitude, but instead analyze and model any risk, the conditions of its occurrence, time of appearance, amplitude, and distance from the actual system characteristics at a point in time.
The risk of a wrong decision is preferable to the terror of indecision.
—Maimonides
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Notes
- 1.
In this context determinism is used to represent the idea that every phenomena has an origin and the cause of the phenomena can be accurately determined using causal deconstruction .
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© 2016 Springer-Verlag Berlin Heidelberg
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Abu el Ata, N., Schmandt, R. (2016). Consequentialism Is Necessary. In: The Tyranny of Uncertainty. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-49104-1_9
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DOI: https://doi.org/10.1007/978-3-662-49104-1_9
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Online ISBN: 978-3-662-49104-1
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