Risky Decisions

9/26/2006

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Table of Contents

Risky Decisions

Challenges of Risky Decisions

Elements of Risky Decisions

Computing Micromort Value

Microrisk Analysis

Microprobability

Risk Assessment of Risks to Life and Limb

Risk Evaluation

The Black Pill Choice

Black Pill Payment for Risk of Death

The White Pill Choice

White Pill Payment for Risk of Death

White Pill Payment for Risk of Death

Other Microvalues

Decision Analysis of Risky Decisions

Risks that Increase the Annual Death Risk by One Micromort

Which is Easier to Understand?

Death Risks from Medical Error

Risk of Driving

Death Risk in General Aviation Flying

Truck Driver Regulations

Truck Driver Regulations

Deciding on an Activity

Making Risky Decisions

Bartlett’s on Death

Decisions with a Risk of Death

Author: Ron Howard