Introduction: Concept of Risk

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

Chapter Chapter 1 in Risk Management and Governance, 2010, pp 1-15 from Springer

Abstract: Abstract In today’s world of globalized trade, travel and communication, an ever larger number of risk-related events have a trans-boundary impact, crossing national and regional frontiers: large–scale electricity blackouts, chemical accidents and risks related to emerging technologies have all affected various parts of the world only recently. Even these risks seem limited, however, when compared to those that can and do go global – and which, as a result of the rapid movement of people, goods and information, do so almost real–time. A highly topical example is that of the potential avian influenza epidemic; other examples include energy supply and price fluctuations and the political and psychological impacts of the 9/11 terror attacks.

Keywords: Risk Perception; Severe Acute Respiratory Syndrome; Terrorist Attack; Bovine Spongiform Encephalopathy; Severe Acute Respiratory Syndrome (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_1

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DOI: 10.1007/978-3-642-13926-0_1

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