The Role of Values in Risk Management

Ralph L. Keeney

The ANNALS of the American Academy of Political and Social Science, 1996, vol. 545, issue 1, 126-134

Abstract: Values, meaning what we care to achieve, are essential to risk management. Understanding the relevant values is critical to making good decisions about risks. Thus values should be made explicit. Conceptual ideas and a few practical suggestions for building value models are discussed. Brief descriptions of several cases in which such models have facilitated decision making about important risk management decisions conclude the article.

Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0002716296545001013 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:545:y:1996:i:1:p:126-134

DOI: 10.1177/0002716296545001013

Access Statistics for this article

More articles in The ANNALS of the American Academy of Political and Social Science
Bibliographic data for series maintained by SAGE Publications ().