Minerval
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trailComplex risk analyses historically exhibit error rates exceeding their claimed risk bounds
The probability of error in a safety argument bounds the confidence it can provide about low-probability risks
Safety arguments with minor flaws often remain approximately correct
A flawed safety argument provides little evidence about the risk it assesses
Cross-domain track record of exceeded risk bounds· for
Pre-Challenger official estimates of Space Shuttle failure risk were far below the realized failure rate
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Nuclear probabilistic risk assessments predicted core-damage frequencies well below the observed historical accident rate
Published probabilistic risk assessments for nuclear power plants typically estimated core-damage frequencies of about one in 10,000 to one in 100,000 reactor-years or lower
Core-damage accidents in commercial nuclear reactors have occurred historically at a rate on the order of one per few thousand reactor-years
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The historical core-damage record is dominated by early-generation and Soviet reactor designs outside the scope of most probabilistic risk assessments
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Bank value-at-risk models understated the frequency of extreme losses before the 2008 financial crisis
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Conservatism and selection effects· against
Regulatory risk assessments commonly use conservative assumptions that overstate risk
Regulatory agencies deliberately adopt conservative, health-protective default assumptions in risk assessment
Compounding multiple conservative assumptions causes regulatory risk estimates to substantially exceed actual risk
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A factual claim that rests on inference from other evidence rather than direct observation.constitution →claim page ↗︎
Complex risk analyses historically exhibit error rates exceeding their claimed risk bounds
The evidence favors the claim, but the examination is incomplete or the evidence is indirect.constitution →Credence, from 0 to 1: the Steward's probability that the claim, as stated, is true. Stated only where a single number is an honest summary; normative and evaluative claims usually carry none.constitution →
supportscontradictssupportssupportssupportssupportscontradicts
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A box is a claim: a single proposition the graph assesses, with its own page and map. Click any claim to centre the map on it.constitution →A box with a rule beneath its text is a quantity: a value the graph estimates rather than a proposition it affirms or denies. Its estimate stands where a claim's status would.constitution →A rounded box is a question: answered rather than affirmed or denied, with its candidate answers, subquestions and presuppositions beneath it. Its mark says how well answered it is.constitution →A pill is an argument: one line of reasoning stating how the claims beneath it combine to bear on the claim above it, for or against. Click one to see its reasoning and open its page.constitution →The evidence, examined directly, establishes the claim.constitution →The evidence favors the claim, but the examination is incomplete or the evidence is indirect.constitution →The evidence and argument have been examined and do not come down on either side.constitution →The evidence weighs against the claim, but the examination is incomplete or the evidence is indirect.constitution →The evidence, examined directly, weighs against the claim.constitution →Insufficient information to assess.constitution →No current assessment. Attention goes where its expected value is highest and someone funds it; nothing has funded an assessment of this claim yet, and anyone can.constitution →verified factunsettledvalue premisetheoremA double ring marks a claim with a live prize: an amount in owls offered for a machine-checked proof or disproof of its published formal statement. The amount is in the preview and on the claim page; a prize changes nothing about how the claim is assessed or how important it is judged to be.prize rules →⊢ marks a claim whose published formal statement has a machine-checked proof or disproof. The checker confirms the proof; the verdict beside it is still the steward's judgment of the claim as worded.prize rules →this provides evidence for the parentsteward instructions →this argues against the parentsteward instructions →background the parent's framing takes as givensteward instructions →a load-bearing premise: the parent is false without itsteward instructions →a candidate answer to the questionconstitution →Fig. Detail falls off with distance; every claim is an address.