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Some foundational issues related to risk governance and different types of risks

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  • Terje Aven
  • Ortwin Renn

Abstract

Risk governance has in recent years become a commonly used concept in relation to the understanding, assessment, management and communication of risk or risk problems, including so-called systemic risks. Substantial scientific work has been conducted to establish a proper foundation for this concept and its applications. Nonetheless, there are still some issues that remain to be clarified, for example how to best characterise risks and risk problems that need risk governance approaches. The purpose of the present article is to provide new insights into the risk governance concept by critically examining some common definitions and uses of key terms. In particular, the article seeks to shed new light on the interpretation of risk-problem classes: simple, complex, uncertain and ambiguous. A set of recommendations is presented on how to improve current risk governance theories and practices, including a suggestion for a modified risk-problem classification system.

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  • Terje Aven & Ortwin Renn, 2020. "Some foundational issues related to risk governance and different types of risks," Journal of Risk Research, Taylor & Francis Journals, vol. 23(9), pages 1121-1134, September.
    • Handle: RePEc:taf:jriskr:v:23:y:2020:i:9:p:1121-1134
    DOI: 10.1080/13669877.2019.1569099
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    Cited by:

    1. Mojca Marc & Marika Arena & Darja Peljhan, 2023. "The role of interactive style of use in improving risk management effectiveness," Risk Management, Palgrave Macmillan, vol. 25(2), pages 1-21, June.
    2. Joel Rasmussen & Petter B. Wikström, 2022. "Returning Home after Decontamination? Applying the Protective Action Decision Model to a Nuclear Accident Scenario," IJERPH, MDPI, vol. 19(12), pages 1-16, June.
    3. Elisa Bustaffa & Olivia Curzio & Fabrizio Bianchi & Fabrizio Minichilli & Daniela Nuvolone & Davide Petri & Giorgia Stoppa & Fabio Voller & Liliana Cori, 2022. "Community Concern about the Health Effects of Pollutants: Risk Perception in an Italian Geothermal Area," IJERPH, MDPI, vol. 19(21), pages 1-17, October.
    4. Ursula Oswald Spring, 2022. "Climate-induced migrations in Mesoamerica with a gender perspective," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 17(4), pages 1-27, Octubre -.

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