When risk outweighs benefit

When risk outweighs benefit

In October 2005, a team of US scientists, headed by Jeffery Taubenberger from the US Armed Forces Institute of Pathology (Rockville, MD, USA), published the full sequence of the highly virulent strain of influenza virus that caused the Spanish influenza pandemic in the winter of 1918– 1919 and killed up to 50 million people worldwide (Taubenberger et al, 2005). Further work based on the sequenc...

Harm to self outweighs benefit to others in moral decision making.

How we make decisions that have direct consequences for ourselves and others forms the moral foundation of our society. Whereas economic theory contends that humans aim at maximizing their own gains, recent seminal psychological work suggests that our behavior is instead hyperaltruistic: We are more willing to sacrifice gains to spare others from harm than to spare ourselves from harm. To inves...

Multi-Criteria Risk-Benefit Analysis of Health Care Management

Abstract Purpose of this paper: The objectives of this paper are two folds: (1) utilizing hierarchical fuzzy technique for order preference by similarity to ideal solution (TOPSIS) approach to evaluate the most suitable RFID-based systems decision, and (2) to highlight key risks and benefits of radio frequency identification technology in healthcare industry. Design/methodology/approach: R...

Benefit-risk methodology project

Benefit versus risk.