Risk management

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Developmental Stages in Risk Management (Ontogeny Recapitulates Phylogeny)

• All we have to do is get the numbers right.
• All we have to do is tell them the numbers.
• All we have to do is explain what we mean by the numbers.
• All we have to do is show them that they’ve accepted similar risks.
• All we have to do is show them that it’s a good deal for them.
• All we have to do is treat them nice.
• All we have to do is make them partners.
• All of the above.

(Fischhoff, Risk Analysis 1995:15:137)