Technical Note—Measuring Equity in Public Risk

Rakesh Kumar Sarin
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Rakesh Kumar Sarin: University of California, Los Angeles

Operations Research, 1985, vol. 33, issue 1, 210-217

Abstract: An equitable distribution of risk is often an important criterion in the evaluation of technological and environmental risks. In this paper, we define the concept of equity precisely, and develop measures for ex-post and ex-ante equity. We then show how these measures, combined with information on the number of possible fatalities, can be used to rank alternatives that involve risks to human life.

Keywords: 096 risk analysis; 855 ex-post and ex-ante equity (search for similar items in EconPapers)
Date: 1985
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:33:y:1985:i:1:p:210-217

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