Risk
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Risks
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An outside context problem is a large scale problem that is beyond the imagination of a society, organization or individual before it suddenly happens. The classic example is an isolated island with primitive technology that suddenly encounters a more advanced civilization.
It order to be considered an outside context problem, a situation needs to be completely beyond the imagination. For example, humans often imagine that we might someday encounter extraterrestrials, so this wouldn't count unless such aliens have features that are beyond our current imagination.Historically, examples of outside context problems are reasonably common. Environmental problems such as global warming often aren't recognized or imagined until they have been underway for decades. |
Type | | Definition | A large problem that is beyond the imagination until it happens. | Notes | Outside context problems are a class of difficult to manage risks. However, strategies such as resilience or the precautionary principle may manage some outside context problems, whatever they may be. | Attributed to | Iain M. Banks | Related Concepts | |
Risks
This is the complete list of articles we have written about risks.
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A list of common business risks.
The five things that can be done about risk.
A metric for measuring risk management.
The potential that you'll achieve too much of a good thing.
Any risk that people have a strong aversion too.
The definition of risk taking with examples.
A list of risk examples by type.
The two main factors in modeling a risk.
A definition of calculated risk with an example.
How to calculate relative risk with examples.
An overview of existential risk.
An overview of the precautionary principle.
A definition of comparative risk with examples.
The common types of energy efficiency.
The definition of external stakeholder with examples.
Common examples of an economic bad.
The definition of win-lose with examples.
An overview of climate engineering.
Why carbon soil is important.
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