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Riskology

Riskology is a discipline that arose in the 70s of the twentieth century, studying the essence of risk, risk justification criteria, methods of analysis, assessment and management of risk, as well as problems of collective and individual perception of risk. The emergence of riskology is associated with the enormous need for analysis, diagnosis, programming and risk scanning both in production and in ordinary life. Its formation is associated with a decrease in human security as a result of the increased aggressiveness of its habitat. Everyone needs knowledge of risk today.

Riskology is a science that studies the basic laws, principles and tools for determining, accounting, assessing and managing risk.

Riskology, as a field of economic science, is based on the knowledge and conscious use of economic laws and laws of functioning and development of objects and subjects in conditions of uncertainty and conflict between the internal and external environment.

Riskology studies which possible risks, as well as their values (building the risk field) may arise during a certain system activity.

Riskology has its own philosophy, which is characterized by the following axioms:

  • The axiom of inclusiveness, which claims that there are no risk-free activities. This in turn is associated with the presence of a subject. But where there is a subject, there is uncertainty, and uncertainty entails risk with its unpredictable consequences: chance, bifurcation, transition periods and, ultimately, even crises and disasters.
  • An acceptability axiom that requires the risk researcher to categorize and define the limits of acceptability of a change in the magnitude of the indicators. It should be noted that each intelligent system carrying out a set of activities evaluates the magnitude of risks based on its internal criteria, as well as the attitudes dictated by the external environment. By setting for themselves the limits of risk acceptability for each situation and shaping behavior based on accepted assessments.
  • The axiom of uniqueness, when any field of risks changes over time, without repeating even for close situations and similar systems, regardless of the degree of their identity. According to the provisions of the axiom, nothing is ever repeated. Every moment of reality, every thing, every one of us is unique. And it is this moment that is unique, and this uniqueness is captured in the entire historical process. Repetition is possible only in abstract models, it is only a scheme for simplicity of representations, reduction of complexity.


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