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Definition 5.3 (Acceptable risk level)

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Level of risk judged to be outweighed by corresponding benefits or one that is of such a degree that it is considered to pose minimal potential for adverse effects.

This definition essentially states that there is no upper limit on what risk can be accepted, if the corresponding benefits are sufficiently large. This in accordance with views posed by some authors (see discussion in Section 5.5).

Risk Assessment

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