ABSTRACT

In the case of risk, losses that may occur in the future are attributed to decisions made. The concept of risk is clearly distinguished from the concept of danger, that is to say, from the case where future losses are seen not at all as the consequences of a decision that has been made, but are attributed to an external factor. Risks are aspects of the observation of decisions, including observation by the decision maker himself. The decision maker may observe those affected in their capacity as observers of the decision making process. Those affected may observe the decision maker in his capacity as observer of those affected. Attribution to decision making is causal attribution. The observation of risky decision making and the incorporation of this linkage of decision and future are in their turn communicated in the common descriptions of modern society, are themselves actual operations.