Social Inflation: Evidence and Impact on Property-Casualty ...
Evidence and impact
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Transcript of Evidence and impact
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An accident infront of the mirrorwith Occam's razor ** Entia non suntmultiplicandaprternecessitatem
David AlexanderUniversity College London
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Wisdom: ability to take decisionson the basis of principles,experience and knowledge
Knowledge:understanding of howthings function (or should function)
Information: description ofphysical and social situations
Data: basic facts and statistics
COMMUNICATION
Source: Yi - Fu Tuan..?
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Carl Hempel
Karl Popper
Confirmation
Observation
Hypothesis
Theory Deduction
TheoryInductionTentativehypothesis
Pattern
Observation
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An evidencebase for
everything
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Knowledge, preparedness andaction will reduce losses
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Robert Mallet andevidence- based seismology
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Evidence can be:-precisedecisiveequivocalambiguouspuzzlinguninterpretable(evidence of what ?)ignoreddistortedused selectively.
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Evidence is no good withoutinterpretation - and the ability to
interpret without misleading people.
Evidence can constrain uncertainty,but cannot eradicate it.
All use of evidence is selective:the criteria of choice determine
the value of the evidence.
Irregular and trending time series poseproblems for the gathering of evidence.
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To what extent is evidence asurrogate for experience?
Is evidence "objective data" ormere perception of how the world is?
What is the connectionbetween evidence and wisdom?
How much evidence is enough?Can we do without evidence?.