Archives For epistemic

Monument to the conquerors of space Moscow (Copyright)

Engineers as the agents of evolution

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One of the current concepts in decision making theory is that of bounded rationality. In essence we (humans) try to act rationally but are constrained by the limits of time and information on our decisions. So if we make decisions in this way what are some useful, ‘tools of the trade’ that can guide our decision making?

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If you read through the International Panel on Climate Change (IPCC) reports you’ll strike qualitative phrases such as’likely’ and ‘high confidence’ to describe uncertainty. But is there a credible basis for these terms?

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Risk - what is it?

The continuum of uncertainty

What do an eighteenth century mathematician and a twentieth century US Secretary of Defence have to do with engineering and risk? The answer is that both thought about uncertainty and risk, and the differing definitions that they arrived at neatly illustrate that there is more to the concept of risk than just likelihood multiplied by consequence. Which in turn has significant implications for engineering risk management.

Editorial note. I’ve pretty much completely revised this post since the original, hope you like it

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