Risk Analysis: Understanding “How Safe is Safe Enough?“

Stephen L. Derby and Ralph L. Keeney

Risk Analysis, 1981, vol. 1, issue 3, 217-224

Abstract: The basic characteristics of determining acceptable risk are discussed. Technical, political, and social aspects of the problem add much complexity. The appropriate manner to reach responsible decisions regarding acceptable risk is suggested. This explicitly addresses the alternatives, the objectives, the uncertainty, and the values which constitute the information necessary to arrive at any solution. The inappropriateness of many “solutions” currently in use or “suggested” is exposed.

Date: 1981
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:1:y:1981:i:3:p:217-224

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