Chasing the Black Swan

This abstract has open access
Abstract Summary

The term Black Swan is a familiar concept in the context of high consequence operations. There is the continual concern that there may be an 'as yet' undiscovered flaw or lack of understanding in the design of a product, process or facility that could lead to a catastrophic event. Concern lies in the potential incompleteness of understanding of any design concept, implementation and associated assessment. Given that 'absolute confidence' may never be possible, the question arises as to how best to continue to search for such a possible flaw with a view to subsequent removal or mitigation. This at first sight apperars to be a process without end but the level of committment must be balanced against the detrimental consequence that could ensue given that a Black Swan might exist. But when is 'enough enough'? This subject is covered in the context of the ownership of nuclear warheads where thre Black Swan can indeed be catastrophic should it exist. The paper is framed somewhat in terms of what can be learned from the general literature associated with Black Swan thinking.

Submission ID :
ISSC37-17
Submission Type
Abstract Topics

Associated Sessions

Abstracts With Same Type

Submission ID
Submission Title
Submission Topic
Submission Type
Primary Author
ISSC37-21
Software & Hardware
Draft Slides
Malcolm Jones
ISSC37-12
Managing Software Safety
Draft Slides
Mr. Bijan Elahi
ISSC37-8
Hazard Identification
Draft Slides
Charles Hoes
ISSC37-25
Case Studies drawn from the World of System Safety
Draft Slides
Mr. Paul Gruhn
ISSC37412
Walking Through the Life-Cycle
Draft Slides
Mr. Alan Southwick
500 visits