Elicitation of Decision‐Makers’Preferences for Management of Major Hazards

P. Hubert, M.H. Barny and J. P. Moatti

Risk Analysis, 1991, vol. 11, issue 2, 199-206

Abstract: A survey has been conducted among decision‐makers from the urban area of Lyon (France). It aimed at elicitating attitudes toward industrial risk, with an emphasis on major hazards. The sample was quite small (23 individuals), but most of the actual decision‐makers of the area belonged to it. A questionnaire allowed to look at the weights that are given to “catastrophic accidents,” when compared to more usual ones. It showed that decision‐makers are strongly “adverse to catastrophes.” The findings support many risk management approaches that are based on assigning an “extra weight” to potential accidents that may cause a high number of casualties.

Date: 1991
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https://doi.org/10.1111/j.1539-6924.1991.tb00596.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:11:y:1991:i:2:p:199-206

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