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Risk Appraisal

Terje Aven () and Ortwin Renn ()
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Terje Aven: University of Stavanger
Ortwin Renn: University of Stuttgart

Chapter Chapter 6 in Risk Management and Governance, 2010, pp 71-105 from Springer

Abstract: Abstract The term risk appraisal is used to include all knowledge elements necessary for risk characterization and evaluation as well as risk management (Stirling 1998, 2003).For society to make prudent choices about risk, it is not enough to consider only the results of (scientific) risk assessment. In order to understand the concerns of the various stakeholders and public groups, information about both risk perceptions and the further implications of the direct consequences of the activity – including its social mobilization potential (i.e. how likely is it that the activity will give rise to social opposition or protest) – is needed and should be collected by risk management agents. In addition, other aspects of the risk causing activity that seem to be relevant for characterizing and evaluating the risk and selecting risk reduction options should be pulled together and fed into the process.

Keywords: Risk Perception; Epistemic Uncertainty; Fault Tree; Aleatory Uncertainty; Probabilistic Risk Assessment (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:rischp:978-3-642-13926-0_6

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DOI: 10.1007/978-3-642-13926-0_6

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