As the @RoyalStatSoc announce the #StatoftheYear - what can we learn from them? @LibertyVittert of @UofGlasgow tells us more at 10.55 #scotnightpic.twitter.com/Bu5vP2YrwV
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"Risk" is a subjective not an objective construct. Apparent risk is unrelated to statistical risk, especially if dealing with emotive subjects like gun crime or terrorism. There's a higher risk of fatal domestic accident than terrorism, but random bath drownings don't alter law.
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Risk is inherently objective. It’s our understanding of it that is subjective. Also they can-health and safety laws! fire hazard sofas, etc.
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2/2: subjective. Observable risk is the human perception of what constitutes harmful outcomes. All "risk" is quantifiable as high or low statistically, but it is the perception of the inherent danger that is subjective. [end]
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Really interesting perspective
End of conversation
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