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Risk Planning on a Wider Scale

In: Managing High-Stakes Risk

Author

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  • Mark Jablonowski

Abstract

In the previous chapters we have identified the nature of high-stakes risks as widespread, and accumulative. Their uncertain character, combined with the finality of their outcomes, requires a strong precautionary approach. From this basic nature of high-stakes risk, we can easily figure that some sort of planning effort is essential. We have framed this basic structure for assessing alternatives for safe progress using the scenario-based structure known as backcasting. In backcasting, we attempt to identify feasible paths of safe progress, which at the same time maintain some degree of flexibility against the unknown. The very notions of widespread effects and identification of desirable end-states means that any such efforts can only succeed if applied on a wider scale.

Suggested Citation

  • Mark Jablonowski, 2009. "Risk Planning on a Wider Scale," Palgrave Macmillan Books, in: Managing High-Stakes Risk, chapter 6, pages 85-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25120-5_6
    DOI: 10.1057/9780230251205_6
    as

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