Precautionary Risk Management: Dealing with Catastrophic Loss Potentials in Business, The Community and Society

by Richard P Nathan

Overview

Dealing with high-stakes risk potentials is dependent on getting to grips with easy to understand, yet difficult to apply, criteria for decision. With a fresh, honest approach, this book shows why scientific assessments of catastrophic risk based on averages don't work, and sets the stage for making the tough choice between precaution and fatalism.

Product Details

ISBN-13:	9780230013520
Publisher:	Palgrave Macmillan UK
Publication date:	10/03/2006
Edition description:	2006
Pages:	168
Product dimensions:	5.51(w) x 8.50(h) x 0.02(d)

About the Author

MARK JABLONOWSKI has spent nearly 30 years as a professional risk manager, insurance underwriter and insurance underwriting manager. He holds BA (Summa Cum Laude) and MA degrees in Economics from the University of Hartford, UK, where he has also served as an adjunct faculty member. During his wide professional and academic career, he has published over 50 papers in the fields of risk assessment, risk management, uncertainty modelling and the economics of risk. He is founder and principal of IntuitiveRisk (www.intuitiverisk.com), a consultancy and centre for research focusing on high-stakes risks.

Table of Contents

Preface Statistical Risk and Its Treatment The ABC of High-Stakes Decisions Practical Precaution Precaution and Progress: Identifying Alternatives Public Policy and the Rise of Precautionary Regulation Science and Precaution The Future of Risk Appendices