Risk and Precaution (Hardcover, New)

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, uncertainties, and 'unknown unknowns' of the real world? 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 precaution with elements of the standard risk management model. This is explained using examples from medicine, pharmacy, synthetic chemicals, nanotechnology, the environment and natural resources conservation. This carefully reasoned but highly accessible book will appeal to readers from a broad range of disciplines, including environmental policy, risk management and cost-benefit analysis.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	February 2011
First published:	February 2011
Authors:	Alan Randall (Professor and Head of Agricultural and Resource Economics)
Dimensions:	254 x 179 x 17mm (L x W x T)
Format:	Hardcover
Pages:	278
Edition:	New
ISBN-13:	978-0-521-76615-9
Categories:	Books > Business & Economics > Business & management > General Books > Professional & Technical > Environmental engineering & technology > General Books > Earth & environment > The environment > Environmental economics > General
LSN:	0-521-76615-X
Barcode:	9780521766159

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