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On The Quantitative Definition of Risk

Risk Analysis (1981) 1(1) 11-27
DOI: 10.1111/j.1539-6924.1981.tb01350.x
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Abstract

A quantitative definition of risk is suggested in terms of the idea of a “set of triplets”. The definition is extended to include uncertainty and completeness, and the use of Bayes' theorem is described in this connection. The definition is used to discuss the notions of “relative risk”, “relativity of risk”, and “acceptability of risk”. Copyright © 1981, Wiley Blackwell. All rights reserved

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APA

Kaplan, S., & Garrick, B. J. (1981). On The Quantitative Definition of Risk. Risk Analysis, 1(1), 11–27. https://doi.org/10.1111/j.1539-6924.1981.tb01350.x

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