Risk, Uncertainty, and Rational ActionRisk 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 |
Contents
Preface | 9 |
THE MONARCH AND HIS SHAKY KINGDOM | 35 |
RISKY DECISIONS OF A SINGLE AGENT | 67 |
RISKY DECISIONS OF INTERACTING AGENTS | 121 |
CHALLENGES AND ALTERNATIVES TO | 159 |
MODERNITY AND BEYOND | 209 |
FROM MONOLOGICAL TO DIALOGICAL RATIONALITY | 243 |
297 | |
313 | |
Other editions - View all
Risk, Uncertainty and Rational Action Carlo C. Jaeger,Thomas Webler,Eugene A. Rosa,Ortwin Renn Limited preview - 2013 |
Risk, Uncertainty and Rational Action Carlo C. Jaeger,Thomas Webler,Eugene A. Rosa,Ortwin Renn Limited preview - 2013 |
Common terms and phrases
acceptable alternative approach arena argued argument assumptions behavior bounded rationality cardinal utility challenge claims classical economics cognitive collective concept consequences context costs critical theory cultural theory debate decision analysis decision-maker developed discourse Durkheim economic effects emergence empirical environmental evaluation evolution example expected value explain framework game theory goals groups Habermas human actions idea individual actions institutions interaction judgments maximize means modern society normative ontological security optimal organizations orientation outcomes participation perspective political possible post-modernism potential predictions preferences probabilities problems procedures prospect theory psychology RAP-based rational actor paradigm rational actor theories reason relevant Renn result risk analysis risk assessments risk communication risk management risk perception role rules scientific situations Slovic social actions social movement social sciences social systems social theory sociology specific strategy structure studies systems theory theoretical theorists traditional understanding utility function worldview