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Catastrophic risk
Author(s) -
Stefánsson H. Orri
Publication year - 2020
Publication title -
philosophy compass
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.973
H-Index - 25
ISSN - 1747-9991
DOI - 10.1111/phc3.12709
Subject(s) - catastrophic failure , probabilistic logic , equity (law) , risk analysis (engineering) , actuarial science , economics , business , political science , epistemology , law , philosophy , physics , thermodynamics
Catastrophic risk raises questions that are not only of practical importance, but also of great philosophical interest, such as how to define 'catastrophe' and what distinguishes catastrophic outcomes from non‐catastrophic ones. Catastrophic risk also raises questions about how to rationally respond to such risks. How to rationally respond arguably partly depends on the severity of the uncertainty, for instance, whether quantitative probabilistic information is available, or whether only comparative likelihood information is available, or neither type of information. Finally, catastrophic risk raises important ethical questions about what to do when catastrophe avoidance conflicts with equity promotion.

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