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What is a Dread Risk?

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A dread risk is any risk that people have a strong aversion too. This is typically based on feelings such as fear or a loss of control. Classic examples of dread risks include the risk of a plane crash or terror attack. Societies, organizations and individuals are often willing to spend far more to reduce a dread risk than a regular risk.
Overview: Dread Risk
Type
Risk
Definition
A risk that invokes strong emotions, particularly fear.
Related Concepts
Risk Tolerance
Risk Treatment

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