{"id":115,"date":"2007-09-08T10:13:20","date_gmt":"2007-09-08T18:13:20","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=115"},"modified":"2007-09-08T10:13:20","modified_gmt":"2007-09-08T18:13:20","slug":"practical-definition-risk","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/practical-definition-risk\/","title":{"rendered":"Practical definition:  &#8220;Risk&#8221;"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.tsa.gov\/graphics\/images\/dhs-threat.jpg\" height=\"200\" width=\"160\" border=\"0\"><\/p>\n<p>This colorful sign is posted at airports and rail stations all over the country, so I&#8217;ve been seeing it a lot recently.  I wonder if it means anything at all?  I mean beyond the CYA function it serves our politicians.  That I understand:  As long as the threat level is &#8220;Elevated&#8221; or worse, our senior public officials have a magic pass to turn responsibility into blame if anything bad happens.  Instead of saying &#8220;We failed you,&#8221; as they do in more honorable societies, our politicians get to say &#8220;I told you so.&#8221;  See the difference?  &#8220;We failed you.&#8221;  &#8220;I told you so.&#8221;<\/p>\n<p>In a society where authority comes with accountability, the incentive is for people to be careful about how much authority they assume.  In a society where grabbing authority comes with little incremental accountability, you get&#8230;Homeland Security, the FDA, OSHA&#8230;<\/p>\n<p>Websters defines risk as &#8220;possibility of loss or injury.&#8221;  That broad definition means different things to different people.  So, here are two versions of the expanded definition of risk:<\/p>\n<p>Risk (scientist):  A <em>probability<\/em> of loss or injury; often used to trade off against the probability of gain or reward<br \/>\nRisk (politician):  The likelihood of loss or injury; easily used to justify more power or tax funding<\/p>\n<p>The political view is immediately distinguished from the scientific one by its reliance on availability bias.  Nowhere is this scientist\/politician distinction better illustrated than our Homeland Security Advisory System.  From a politician&#8217;s point of view, there is <em>always<\/em> a possibility of terrorist attack.  Beyond that, their assignment of a color code appears to be based on a secret lotto wheel or big, fuzzy dice with only three possibilities:  &#8220;Elevated&#8221; &#8220;High&#8221; and &#8220;Severe.&#8221;<\/p>\n<p>Scientifically, what we&#8217;ve experienced with this color-coded system makes no sense.  Sure, they&#8217;ve been very good at raising the alert <a href=\"http:\/\/www.tsa.gov\/press\/releases\/2006\/press_release_08102006.shtm\">after<\/a> an incident occurs, but what good does that do anyone?  We have been never been below Yellow alert&#8211;an &#8220;elevated&#8221; risk.  For most of the time since the system has been put into place, we have been on Orange alert&#8211;&#8220;High&#8221; threat.  After five years of this nonsense, we have plenty of data on threat levels vs. <a href=\"http:\/\/www.cnn.com\/2005\/US\/05\/11\/evacuation\/index.html\">actual incidents<\/a>.  You&#8217;d think there should be a correlation between the two.  Anyone care to guess what that correlation is?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This colorful sign is posted at airports and rail stations all over the country, so I&#8217;ve been seeing it a lot recently. I wonder if it means anything at all? I mean beyond the CYA function it serves our politicians. That I understand: As long as the threat level is &#8220;Elevated&#8221; or worse, our senior [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-115","post","type-post","status-publish","format-standard","hentry","category-practical-definitions"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=115"}],"version-history":[{"count":0,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/115\/revisions"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=115"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}