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How to Deal With Life’s Risks More Rationally

You need to think about both the odds and the cost or payoff

Jay Zagorsky
Thu, 04/26/2018 - 12:01
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The world is an uncertain and risky place. The news constantly bombards us with scary situations from school shootings to gruesome murders.

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Risk is everywhere and associated with everything. For example, the Centers for Disease Control and Prevention a decade ago estimated 234,000 people a year ended up in emergency rooms because of bathroom injuries alone.

While this figure is shockingly high, it probably won’t prevent you from using the toilet or washing your hands. And in general, hiding under the bed to avoid risky decisions is not a realistic option for living life.

 …

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