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ESA's riskiest flyby

The chance that ESA's Solar Orbiter spacecraft will encounter space debris during its upcoming Earth flyby is very, very low. However, the risk is not zero and is greater than any other flyby ESA has performed. That there ...

Why we must avoid temperature overshoot in climate policy

A new international study coordinated by IIASA shows how near-term mitigation can help to prevent an overshoot in global temperatures, thereby reducing climate risks and bringing long-term economic gains.

Extroverted? You may have better financial outcomes

You might think the way you approach money is based on financial advice or past experiences, but new research from the University of Georgia shows that your personality may have a big impact on financial decision making and ...

Deer can catch COVID: Here's what hunters should know

Research has shown that deer can become infected with COVID-19, raising questions among some hunters about whether field-dressing deer or eating venison can pose a risk of contracting the disease.

Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

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