Exploring the Interplay of Causality Notions & Risk Concepts: Epistemological Implications

Abstract

Risk, often uncertain and contextual event, is intricately intertwined with causality, which shapes beliefs, risk perception and decisions.

This study aims to: (i)highlight the intrinsic link between risk and causality, examining diverse causality notions underlying distinct risk concepts, and (ii)outline risk-emergent contexts and epistemological bases for operational strategies. We thus address epistemological implications of handling and assessing risk in different contexts such as those related with cause-and-effect, complex causality, probabilistic causality, and Bayesian causality accounts.