Risk Management

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

Chapter Chapter 8 in Risk Management and Governance, 2010, pp 121-158 from Springer

Abstract: Abstract Risk management starts with a review of all relevant information, particularly from combined risk appraisal, consisting of both risk assessment and concern assessment where the latter is based on risk perception studies, economic impact assessments and the scientific characterization of social responses to the risk source. This information, together with the judgements made in the phase of risk characterization and evaluation, form the input material upon which risk management options are being assessed, evaluated and selected.

Keywords: Decision Maker; Risk Management; Cash Flow; Decision Analysis; Decision Situation (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/978-3-642-13926-0_8

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