Question # 1:

A worker accepts a dangerous job after being affected on annual basis of $2000. The probability that the worker may killed in any one year is 1 in 10000. This is known to the workers. The bonus may therefore be interpreted as a self-assessment of life with a value equal to $2000 divided by 1/10000 or $20 million. Is the worker more or less likely to accept the job if presented with statistically nearly identical figures of $100000 bonus over 50 years (neglecting interest) and a 1/200 probability of a fatal accident during the period?

Question # 2:

Discuss what you see at the main similarities and differences between Three Mile Island and Chernobyl?

Question # 3:

It has been said that Three Mile Island showed us the risks of nuclear power and the Arab oil exchange the risk of having no energy. Forcing hazardous products or services from the market has been criticized as closing out the options of these individuals or countries with rising aspirations who can now afford them and who may all along have borne more than their share of the risks without any of the benefits. Finally, pioneers have always exposed themselves to risk. Without risk there would be no progress. Discuss this problem of "the risk of no risk".