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Risk Uncertainty And Rational Action
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Book Synopsis Risk, Uncertainty and Rational Action by : Carlo C. Jaeger
Download or read book Risk, Uncertainty and Rational Action written by Carlo C. Jaeger and published by Routledge. This book was released on 2013-11-05 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk as we now know it is a wholly new phenomenon, the by-product of our ever more complex and powerful technologies. In business, policy making, and in everyday life, it demands a new way of looking at technological and environmental uncertainty. In this definitive volume, four of the world's leading risk researchers present a fundamental critique of the prevailing approaches to understanding and managing risk - the 'rational actor paradigm'. They show how risk studies must incorporate the competing interests, values, and rationalities of those involved and find a balance of trust and acceptable risk. Their work points to a comprehensive and significant new theory of risk and uncertainty and of the decision making process they require. The implications for social, political, and environmental theory and practice are enormous. Winner of the 2000-2002 Outstanding Publication Award of the Section on Environment and Technology of the American Sociological Association
Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight
Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Book Synopsis Risk, Uncertainty and Rational Action by : Carlo C. Jaeger
Download or read book Risk, Uncertainty and Rational Action written by Carlo C. Jaeger and published by Routledge. This book was released on 2013-11-05 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk as we now know it is a wholly new phenomenon, the by-product of our ever more complex and powerful technologies. In business, policy making, and in everyday life, it demands a new way of looking at technological and environmental uncertainty. In this definitive volume, four of the world's leading risk researchers present a fundamental critique of the prevailing approaches to understanding and managing risk - the 'rational actor paradigm'. They show how risk studies must incorporate the competing interests, values, and rationalities of those involved and find a balance of trust and acceptable risk. Their work points to a comprehensive and significant new theory of risk and uncertainty and of the decision making process they require. The implications for social, political, and environmental theory and practice are enormous. Winner of the 2000-2002 Outstanding Publication Award of the Section on Environment and Technology of the American Sociological Association
Download or read book Risk Governance written by Ortwin Renn and published by Taylor & Francis. This book was released on 2017-12-04 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk Governance is a tour de force. Every risk manager, every risk analyst, every risk researcher must read this book - it is the demarcation point for all further advances in risk policy and risk research. Renn provides authoritative guidance on how to manage risks based on a definitive synthesis of the research literature. The skill with which he builds practical recommendations from solid science is unprecedented. Thomas Dietz, Director, Environmental Science and Policy Program, Michigan State University, USA A masterpiece of new knowledge and wisdom with illustrative examples of tested applications to realworld cases. The book is recommendable also to interested students in different disciplines as a timely textbook on 'risk beyond risk'. Norio Okada, Full Professor and Director at the Disaster Prevention Research Institute (DPRI), Kyoto University, Japan There are classic environmental works such as The Tragedy of the Commons by Hardin, Risk Society by Beck, The Theory of Communicative Action by Habermas, and the seminal volumes by Ostrom on governing the commons. Renns book fits right into this series of important milestones of environmental studies. Jochen Jaeger, Professor at Concordia University, Montreal, Canada Risk Governance provides a valuable survey of the whole field of risk and demonstrates how scientific, economic, political and civil society actors can participate in inclusive risk governance. Jobst Conrad, Senior Scientist, Social Science Research Center Berlin, Germany Renn offers a remarkably fair-minded and systematic approach to bringing together the diverse fields that have something to say about 'risk'. Risk Governance moves us along the path from the noisy, formative stage of thinking about risk to one with a stronger empirical, theoretical, and analytical foundation. Baruch Fischhoff, PhD, Howard Heinz University Professor, Carnegie Mellon University, Pittsburgh, USA 'I cannot describe how impressed I am at the breadth and coherence of Renn's career's work! Written with remarkable clarity and minimal technical jargon... [this] should be required reading in risk courses!' John Graham, former director of the Harvard Risk Center and former deputy director of the Office of Budget and Management of the Unites States Administration This book, for the first time, brings together and updates the groundbreaking work of renowned risk theorist and researcher Ortwin Renn, integrating the major disciplinary concepts of risk in the social, engineering and natural sciences. The book opens with the context of risk handling before flowing through the core topics of assessment, evaluation, perception, management and communication, culminating in a look at the transition from risk management to risk governance and a glimpse at a new understanding of risk in (post)modern societies.
Download or read book Risk Theory written by Nicholas Rescher and published by Springer Nature. This book was released on 2021-10-04 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Apart from its foray into technical issues of risk assessment and management, this book has one principal aim. With situations of chancy outcomes certain key factors—including outcome possibilities, overall expectation, threat, and even luck—are measurable parameters. But risk is something different: it is not measurable a single parametric quantity, but a many-sided factor that has several different components, and constitutes a complex phenomenon that must be assessed judgmentally in a highly contextualized way. This book explains and analyzes how this works out in practice. Topics in this work include choice and risk, chance and likelihood, as well as outcome-yield evaluation and risk. It takes into account abnormal situations and eccentric measurements, situational evaluation and expectation and scrutinizes the social aspect of risk. The book is of interest to logicians, philosophers of mathematics, and researchers of risk assessment. The project is a companion piece to the author's LUCK THEORY, also published by Springer.
Book Synopsis Advances in Decision Making Under Risk and Uncertainty by : Mohammed Abdellaoui
Download or read book Advances in Decision Making Under Risk and Uncertainty written by Mohammed Abdellaoui and published by Springer Science & Business Media. This book was released on 2008-08-29 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome will result from our decisions. Unfortunately, the standard theory of choice under uncertainty developed in the early forties and fifties turns out to be too rigid to take many tricky issues of choice under uncertainty into account. The good news is that we have now moved away from the early descriptively inadequate modeling of behavior. This book brings the reader into contact with the accomplished progress in individual decision making through the most recent contributions to uncertainty modeling and behavioral decision making. It also introduces the reader into the many subtle issues to be resolved for rational choice under uncertainty.
Book Synopsis Rational Choice in an Uncertain World by : Reid Hastie
Download or read book Rational Choice in an Uncertain World written by Reid Hastie and published by SAGE. This book was released on 2010 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well. The Second Edition includes: - more coverage on the role of emotions, happiness, and general well-being in decisions - a summary of the new research on the neuroscience of decision processes - more discussion of the adaptive value of (non-rational heuristics) - expansion of the graphics for decision trees, probability trees, and Venn diagrams.
Book Synopsis Reactive Risk by : Carol Anne Heimer
Download or read book Reactive Risk written by Carol Anne Heimer and published by Univ of California Press. This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Protean Power by : Peter J. Katzenstein
Download or read book Protean Power written by Peter J. Katzenstein and published by Cambridge University Press. This book was released on 2018-01-18 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inquires into the role of the unexpected in world politics by examining the protean power effects of agile innovation and improvisation.
Book Synopsis Risk, Uncertainty and Government by : Pat O'Malley
Download or read book Risk, Uncertainty and Government written by Pat O'Malley and published by Routledge. This book was released on 2012-09-10 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both risk and uncertainty are neo-liberal concepts, which can be viewed as complementary techniques for governing diverse aspects of life, rather than natural states of things. This new book examines the way these constructs govern the production of wealth through 'uncertain' speculation and 'calculable' investment formulae. The way in which risk and uncertainty govern the minimisation of harms through insurance and through the uncertain practices of 'reasonable foresight' is discussed, and O Malley looks at the way these same techniques were historically forged out of moral and social beliefs about how to govern properly. In addition, the book analyzes is how, during this process, ideas such as 'contract' and distinctions between insurance and gambling were invented to order to 'properly' govern the risky and uncertain future.
Download or read book Risk Governance written by Ortwin Renn and published by Routledge. This book was released on 2008 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1960s, the world’s population has more than doubled and agricultural production per person has increased by a third. Yet this growth in production has masked enormous hidden costs arising from widespread pesticide use – massive ecological damage
Book Synopsis Risk-Taking in International Politics by : Rose McDermott
Download or read book Risk-Taking in International Politics written by Rose McDermott and published by University of Michigan Press. This book was released on 2001 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the way leaders deal with risk in making foreign policy decisions
Book Synopsis Organizations, Uncertainties, And Risk by : James F. Short, Jr.
Download or read book Organizations, Uncertainties, And Risk written by James F. Short, Jr. and published by Westview Press. This book was released on 1992-08-26 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day, individuals, groups, and organizations make decisions that involve uncertainty and risk - and, often, important consequences for society. Increasingly, our lives are being defined by large-scale organizational decision processes involving governments, businesses and other institutions. This book examines the nature of decisionmaking by organizations confronted with various risks, focusing on choices in which technology and scientific advances play major roles. The contributors also look at the regulatory agencies that set and enforce standards of health and safety. Within the literature on risk analysis this book is unique in its integration of social theory with wide variety of case examples. Theories of rational choice advanced by neoclassical economics and cognitive psychology are critically examined in view of the importance of the context for decisionmaking. Specific avenues for the study of the organizational/institutional contexts of decisionmaking and the process of socially constructing risk objects are proposed as a means of correcting the weaknesses of these theories. The contributors examine the strategies of manufacturing and communications firms, neonatal intensive care units of hospitals, and a major U.S. governmental strategies are given: how energy choices are made in France and how expert advice and formal public involvement are incorporated into risk-related policy decisions in Britain. Field studies of regulatory agencies in Britain at both policymaking and enforcement levels are also included.
Download or read book Risk and Decision Making written by and published by National Academies Press. This book was released on 1982-01-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fundamental Uncertainty by : Silva Marzetti Dall'aste Brandolini
Download or read book Fundamental Uncertainty written by Silva Marzetti Dall'aste Brandolini and published by Springer. This book was released on 2016-06-16 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses the subject of uncertainty from the point of view of an extended conception of rationality. In particular, the contributions explore the premises and implications of plausible reasoning when probabilities are non-measurable or unknown, and when the space of possible events is only partially identified.
Download or read book Risk in the Modern Age written by NA NA and published by Springer. This book was released on 2019-06-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental decision-making in recent decades has become increasingly dependent on scientific expertise. Grounded in universal principles of knowledge, these expert evaluations often depart from the assessments of ordinary members of the public. Whether the issue is nuclear power, genetic testing, food safety, or biodiversity, conservation lay people are increasingly charging experts with being ignorant of local contextual considerations. Scientists, as well as many policy-makers, in turn contend that the public is hopelessly irrational in gauging environmental risks. A growing group of social theorists has begun to take a keen interest in these disputes because risk captures central themes of late modernity. Increasing individualization, emerging new social movements, and declining public trust in key institutions are notions that loom large in these debates. Highlighting both theoretical and empirical perspectives, this volume brings together a distinguished group of environmental sociologists who critique and extend current thinking on what it means to live in a 'risk society'.
Book Synopsis Risk and Rationality by : Lara Buchak
Download or read book Risk and Rationality written by Lara Buchak and published by Oxford University Press. This book was released on 2013-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view (expected utility theory) is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.
