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Fear of principles? A cautious defense of the Precautionary Principle

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Abstract

Should fear guide our actions and governments’ political decisions? A leitmotiv of common sense is that emotions are tricky, they blur our rational capacity of estimating utilities in order to plan action and thus they should be banned from any account of our rational expectations. In this paper I argue that an “heuristic of fear” is the appropriate attitude to adopt in order to cope with extreme risks. I thus defend the Precautionary Principle against the criticism put forward by Cass Sunstein and other authors on the basis of a new analysis of extreme risks or “ruin-problems”.

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Notes

  1. Cf. Brennan and Lo (2011).

  2. Cf. http://www.unep.org/Documents.Multilingual/Default.asp?documentid=97&articleid=1503.

  3. Cf. Bohemer-Christiansen (1994).

  4. Cf. ibidem, p. 35.

  5. Cf. Taleb et al. (2014), Dupuy (2009).

  6. Cf. Kahneman and Tversky (1979); Kahneman (2011).

  7. Actually, he mentions cases discussed in Paul Slovic’s work on risk perception. Cf. Slovic (1987).

  8. Cf. Sunstein (2003).

  9. Cf. ibidem, p. 27.

  10. Cf. ibidem, p. 29.

  11. Cf. Stuart Mill (1861), Dewey (1916) For a recent discussion of the tension in liberal democracies between political quality and political equality, see Estlund (2009).

  12. For a recent account of Gandhi’s philosophy of nature, see Bilgrami (2014).

  13. Cf. http://www.hup.harvard.edu/catalog.php?isbn=9780674052048.

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Correspondence to Gloria Origgi.

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Origgi, G. Fear of principles? A cautious defense of the Precautionary Principle. Mind Soc 13, 215–225 (2014). https://doi.org/10.1007/s11299-014-0152-x

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