Abstract:
This study reviews the literature on risk and risk management from the scientific approach, as a dominant and influential view in many academic disciplines. The study seeks to trace some of the roots in this view and explains how the rational view of social progress, since the eighteenth century enlightenment, has increasingly institutionalized the scientific approach to risk as a legitimate and comprehensive applied science. The study then discusses some of the issues and problems in the scientific approach and finally concludes with proposals for future studies.
