Abstract
In this chapter we discuss risk tolerance and acceptability, how they used to be defined, how they can be defined. Tolerance/acceptability thresholds have to be developed independently from risks to ensure unbiased results.
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Whereas Plattner (2005) considers that perceived risks to be generally higher than real, objective risks, we take the stance of possible overestimation and possible underestimation of risks, as factors as familiarity, knowledge, controllability etc. blatantly lead people to underestimate risks they are exposed to.
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Oboni, F., Oboni, C. (2020). Tolerance and Acceptability. In: Tailings Dam Management for the Twenty-First Century. Springer, Cham. https://doi.org/10.1007/978-3-030-19447-5_13
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