Bite the apple, get driven out of the garden: A risky story telling at the ASME town meeting

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Risk, the all-encompassing four-letter word became a widely used household cliche and an institutional mantra in the nineties. Risk analysis models from the Garden of Eden to the Capitol Hill lawn have made a number of sharp paradigm shifts to evolve itself as a decision-making tool from individual risk perception to societal risk-based regulatory media. Risk always coexists with benefit and is arbitrated by costs. Risk-benefit analysis has been in use in business and industry in economic ventures for a long time. Only recently risk management in its current state of development, evolved as a regulatory tool for controlling large … continued below

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12 p.

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Majumdar, K.C. November 1, 1994.

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This article is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by the UNT Libraries Government Documents Department to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 17 times, with 4 in the last month. More information about this article can be viewed below.

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Risk, the all-encompassing four-letter word became a widely used household cliche and an institutional mantra in the nineties. Risk analysis models from the Garden of Eden to the Capitol Hill lawn have made a number of sharp paradigm shifts to evolve itself as a decision-making tool from individual risk perception to societal risk-based regulatory media. Risk always coexists with benefit and is arbitrated by costs. Risk-benefit analysis has been in use in business and industry in economic ventures for a long time. Only recently risk management in its current state of development, evolved as a regulatory tool for controlling large technological systems that have potential impacts on the health and safety of the public and on the sustainability of the ecology and the environment. This paper summarizes the evolution of the risk management concepts and models in industry and the regulatory agencies in the US over the last three decades. It also discusses the benefits and limitations of this evolving discipline as it is applied to high-risk technologies from the nuclear power plant and petrochemical industry, etc. to nuclear weapons technology.

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12 p.

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INIS; OSTI as DE95008074

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  • Joint American Society of Mechanical Engineers (ASME)/Japan Society of Mechanical Engineers (JSME) pressure vessels and piping conference, Honolulu, HI (United States), 23-27 Jul 1995

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  • Other: DE95008074
  • Report No.: UCRL-JC--118798
  • Report No.: CONF-950740--12
  • Grant Number: W-7405-ENG-48
  • Office of Scientific & Technical Information Report Number: 46575
  • Archival Resource Key: ark:/67531/metadc687847

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  • November 1, 1994

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  • July 25, 2015, 2:21 a.m.

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  • Feb. 16, 2016, 2:34 p.m.

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Thumbnail image of item number 1 in: 'Bite the apple, get driven out of the garden: A risky story telling at the ASME town meeting'.
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Majumdar, K.C. Bite the apple, get driven out of the garden: A risky story telling at the ASME town meeting, article, November 1, 1994; California. (https://digital.library.unt.edu/ark:/67531/metadc687847/: accessed May 27, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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