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At The Roots of Uncertainty

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Part of the book series: International Studies in the Service Economy ((ISSE,volume 4))

Abstract

People respond to the hazards they perceive and can relate to. However, uncertainty also stems from unperceived risks, and this is where things become a little more complicated. Every action undertaken by anybody contains risks unknown to and thus unperceived by the majority of other people until the day the unexpected occurs. Risk perception is based essentially on personal experience, but also on psychological anxieties of a subjective nature.

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Notes

  1. Ritter, Don (1985) Risk Management Reports, XII/2, page 13.

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  2. Decision Research Center on Risk Perception and Risk Communication; see in particular: Kahneman, Slovic and Tvesky (1983), Judgement under Uncertainty: Heuristics and Biases, Cambridge, University Press.

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  3. from Haynal, Andre (1985), Anxiety Security and Certainty, contribution to the Rencontres Internationales de Genève.

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  4. Weisskopf, Walter (1984) Reflections on Uncertainty in Economics.

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  5. see comments on Heisenberg and Indetermination and Uncertainty in the notes from Walter Weisskopf in section 3.4..

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  6. published by Pergamon Press (1978), Oxford. It is also significant to read in this book, page 57, a clear reference to the Service Economy in the sense that it is analyzed in this report “the exchange economy, whether regulated by the market or by planning, is necessary at all levels if it is accepted that specialization is required for certain activities in order to increase their productivity. However, it should not be allowed to eliminate the production of goods for direct use by the producers themselves. Moreover, there must be room for what might be called a true service economy, not, as has hitherto been thought, the result but the actual source of development. An economy of this kind, which furnishes direct services, promotes use value and at the same time its activities benefit the greatest number of people. It is not, therefore, a matter of the systematic “tertiarization” of society, (which is)… deplored in many industrialized countries”.

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  7. Author’s note: Ulrich is the name of the hero of a novel by Musil entitled The Man Without Qualities. The house in Chemin des Grangettes was Musil’s last abode.

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  8. Szasz, Tomas S., Ideology and Madness.

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© 1993 Springer Science+Business Media Dordrecht

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Giarini, O., Stahel, W.R. (1993). At The Roots of Uncertainty. In: The Limits to Certainty. International Studies in the Service Economy, vol 4. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1775-3_5

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  • DOI: https://doi.org/10.1007/978-94-011-1775-3_5

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-4780-7

  • Online ISBN: 978-94-011-1775-3

  • eBook Packages: Springer Book Archive

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