Risk and precaution
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Risk and precaution by Alan Randall

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Published by Cambridge University Press in Cambridge, UK, New York .
Written in English

Subjects:

  • Risk management,
  • Precautionary principle,
  • Risk

Book details:

Edition Notes

Includes bibliographical references (p. 251-256) and index.

StatementAlan Randall
Classifications
LC ClassificationsHB615 .R364 2011
The Physical Object
Paginationxvii, 260 p. :
Number of Pages260
ID Numbers
Open LibraryOL24903163M
ISBN 100521759196, 052176615X
ISBN 109780521759199, 9780521766159
LC Control Number2010042532
OCLC/WorldCa665137592

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The ideas summarized here are devel- oped more completely in my forthcoming book, Risk and Precaution (Cambridge University Press, ). Ministry's policies in matters related to risk Risk and Precaution by Alan Randall. English | | ISBN: , X | pages | PDF | 1,4 MB. The precautionary principle has been labeled simplistic and the rational approach to decision-making under risk was modeled on well-specified games of :// Precaution as common sense: "Look before you leap" Commonsense precaution or paralysis of fear? --pt. II Harm and chance --managing risk Harm, risk, and threat Ordinary risk management: risk management as we know it Problems with ordinary risk management --pt. III Defining and justifying a coherent precautionary principle A novel theory of the ethics of imposing risks is developed and used as a foundation for defending the idea of precaution in environmental and technological policy making against its critics, while at the same time avoiding a number of identified ://

  Paralysis by Precaution Munthe () investigates the cost of precaution in his book The Price of Precaution and the Ethics of Risk. The Precautionary Principle (PP) is sometimes called ‘prudent avoidance’ and is premised on the idea that inaction in times of doubt and uncertainty is the best action. PP works like this: If in Continue reading "Paralysis by Precaution" Get this from a library! Risk and precaution. [Alan Randall] -- "The precautionary principle has been labeled simplistic and the rational approach to decision-making under risk was modeled on well-specified games of chance. How then are we to manage the risks,   In this book, Alan Randall unravels the key controversies surrounding the precautionary principle and develops a new framework that can be taken seriously in policy and management circles. Respecting the complexity of the real world, he defines a justifiable role for the precautionary principle in a risk management framework that integrates  › Home › eBooks.   Risk and Precaution Risk – language conventions for this book 36 Definitions of key terms 47 Real options – a simple global warming example 51 Features of complex systems 65 Real options and path dependence 72 Adaptive management