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    Varying regulatory thresholds inversely with harm magnitu... — Carmelics
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    Challenges→The threshold of risk required to justify regulation under the harm principle should vary inversely with the magnitude of the harm risked.

    Varying regulatory thresholds inversely with harm magnitude collapses into precautionary principle reasoning, which Bernard Williams and others showed is subject to paralysis under catastrophic-risk inflation.

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    Key Terms

    Bernard Williams(as a defender of Humean philosophy)
    A late 20th-century British philosopher who wrote influential works on ethics, questioning whether morality can be truly objective and exploring the role of personal projects and desires in a good life.
    Harm magnitude(as used in risk assessment)
    How serious or severe the damage or injury could be.
    Inversely(as used in describing relationships between variables)
    In opposite directions; when one thing goes up, the other goes down, and vice versa.
    Paralysis under catastrophic-risk inflation(as a critique of the precautionary principle)
    A situation where exaggerating how bad things could go makes people so afraid that they can't make any decisions or take any action at all.
    Regulatory thresholds

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    (as used in policy and risk management)
    Specific limits or decision points that governments or organizations set to decide when to take action—for example, a pollution level that triggers new rules.
    precautionary principle(regulatory decision-making)
    An approach that shifts the burden of proof in regulatory decisions from demonstration of harm to demonstration of safety of substances and practices

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    Rights & Liberty1 linkedJustice & Punishment1 linked

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    The threshold of risk required to justify regulation under the harm principle sh...

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