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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
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The Tolerability of Risk - A New Framework for Risk Management (Hardcover)
Loot Price: R5,821
Discovery Miles 58 210
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The Tolerability of Risk - A New Framework for Risk Management (Hardcover)
Series: Earthscan Risk in Society
Expected to ship within 12 - 19 working days
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There is an increasing dissatisfaction about how risk is regulated,
leading to vivid debates about the use of 'risk assessment' and
'precaution'. As a result, academics, government officials and
industry leaders are calling for new approaches and fresh ideas.
This book provides a historical and topical perspective on the
alternative concept of 'Tolerability of Risk' and its concrete
regulatory applications. In the UK, Tolerability of Risk has been
developed into a sophisticated framework, particularly within the
health and safety sectors. It is expected to guide decision-makers
when applying their legal obligation of keeping risks as low as
practically reasonable. Could Tolerability of Risk become a wider
source of inspiration across the full scope of risk analysis and
management? Written by leading academics and risk practitioners
from industry and government, The Tolerability of Risk presents a
summary of theoretical perspectives on risk approaches, providing a
detailed elicitation of the methods and approaches used to build
the Tolerability of Risk framework and examining the prospect of
universal application of that framework. From nuclear power to
environmental pollution, climate change and drug testing, the
Tolerability of Risk framework may offer a workable, pragmatic
solution for balancing risks against the costs involved in
controlling them, as well as developing the institutional capacity
to make effective decisions in all jurisdictions worldwide.
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