I love reading about risk. As someone who finds maths a bit of a challenge, it always becomes more real to me when the numbers relate to the real world. Using numbers to explain the risk of something happening seems like an excellent way to harness the power of maths – numbers are objective, concrete, and not vague.
But as always in the messy real world, it’s not quite that simple. That’s why I was really inspired by this blog post from the Risk Science Center at the University of Michigan, explaining how extra levels of ‘accuracy’ – more numbers – can actually make risks harder to understand. (more…)