Rational Risk Policy
The 1996 Arne Ryde Memorial Lectures
ISBN13: 9780198293637ISBN10: 0198293631
Hardback,
160 pages
Apr 1998,
In Stock
Price:
$99.00 (06)See more from the series
Winner of the 2000 American Risk and Insurance Association's Kulp Award
Description
This book provides a comprehensive and accessible synthesis of Viscusi's 1996 Arne Ryde Memorial lectures on risk policy. In this volume, Viscusi explores the various forms of irrationality exemplified in individual risk behavior and the role government policy has played in institutionalizing these biases. He examines the implications for government policy of consumers and workers' risk beliefs and behavioral responses to risk. In addition to a critique of current risk analysis practices, he suggests strategies for rational risk management, including hazard warnings efforts, direct regulation, and liability as alternative modes of intervention.About the Author(s)
W. Kip Viscusi, University Distinguished Professor of Law, Economics, and Management, Vanderbilt University Law School
