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Re: Risk and Regulation Advisory Council & BS 8516

Subject: Re: Risk and Regulation Advisory Council & BS 8516
From: Andersonarb
Date: Jul 05 2008 11:00:43
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In a message dated 04/07/2008 17:01:52 GMT Standard Time,  
anthony.j.mills@xxxxxx.com writes:

leave  the
wider issue of risk management to those bodies currently deliberating  it.



While we're kicking this subject around I've been reading that Freakonomics  
book that was popular a few years ago (I'm on the ball as ever!) and there's 
a 
 handy little equation in there: Hazard = Risk + Outrage. The author (an  
economist) is discussing the relative risk of a kid getting shot by playing 
with  
his father's gun as opposed to drowning in a swimming pool. Apparently the 
Yanks  have millions of domestic swimming pools and hundreds of kids a year  
accidentally drown in em. The figures are 1 kid drowns for every 11,000 
pools,  
while less than 1 kid per 1 million guns gets shot..... Bit the shot kid is  
outrageous, the drowned kid much less so.
 
Seems to me that most of the outrage in the BS8516 was against the BSI so  
dunno where that will get us.
 
Bill.
 
 



   


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