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Risk and Reason

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  • Sunstein,Cass R.

Abstract

What should be done about airplane safety and terrorism, global warming, polluted water, nuclear power, and genetically engineered food? All over the globe, risks to safety, health, and the environment are a subject of intense interest. Too much of the time we fear the wrong things. Sometimes we make the situation even worse. Rather than investigating the facts, we respond to temporary fears. The result is a situation of hysteria and neglect - and unnecessary illness and death. Risk and Reason explains the sources of these problems and explores what can be done about them. It shows how individual thinking and social interactions lead us in foolish directions. Offering sound proposals for social reform, it explains how a more sensible system of risk regulation, embodied in the idea of a 'cost-benefit state', could save many thousands of lives and many billions of dollars too - and protect the environment in the process.

Suggested Citation

  • Sunstein,Cass R., 2004. "Risk and Reason," Cambridge Books, Cambridge University Press, number 9780521016254.
    • Handle: RePEc:cup:cbooks:9780521016254
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    Citations

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    Cited by:

    1. Lorenzo Sacconi, 2011. "From individual responsibility to ÔsharedÕ social responsibilities: concepts for a new paradigm," Econometica Working Papers wp27, Econometica.
    2. Yoshitsugu Kanemoto, 2011. "Surplus Theory," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 20, Edward Elgar Publishing.
    3. Steve Clarke, 2010. "Cognitive bias and the precautionary principle: what's wrong with the core argument in Sunstein's Laws of Fear and a way to fix it," Journal of Risk Research, Taylor & Francis Journals, vol. 13(2), pages 163-174, March.
    4. Kati Orru & Henry Rothstein, 2015. "Not ‘Dead Letters’, Just ‘Blind Eyes’: The Europeanisation of Drinking Water Risk Regulation in Estonia and Lithuania," Environment and Planning A, , vol. 47(2), pages 356-372, February.
    5. Sjöberg, Lennart, 2004. "Gene Technology in the eyes of the public and experts. Moral opinions, attitudes and risk perception," SSE/EFI Working Paper Series in Business Administration 2004:7, Stockholm School of Economics, revised 11 May 2005.
    6. Alexandros-Andreas Kyrtsis, 2011. "Insurance of Techno-Organizational Ventures and Procedural Ethics: Lessons from the Deepwater Horizon Explosion," Journal of Business Ethics, Springer, vol. 103(1), pages 45-61, April.
    7. Hélène Hermansson, 2010. "Towards a fair procedure for risk management," Journal of Risk Research, Taylor & Francis Journals, vol. 13(4), pages 501-515, June.
    8. Iván Darío Gómez Lee, 2016. "La Seguridad Jurídica. Una Teoría Multidisciplinaria Aplicada A Las Instituciones Vol.Ii," Books, Universidad Externado de Colombia, Facultad de Derecho, number 851, October.
    9. Heyen, Daniel & Goeschl, Timo & Wiesenfarth , Boris, 2015. "Risk Assessment under Ambiguity: Precautionary Learning vs. Research Pessimism," Working Papers 0605, University of Heidelberg, Department of Economics.
    10. Hokstad, Per & Steiro, Trygve, 2006. "Overall strategy for risk evaluation and priority setting of risk regulations," Reliability Engineering and System Safety, Elsevier, vol. 91(1), pages 100-111.

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