Fatal Tradeoffs: Public and Private Responsibilities for Risk
Author | : | |
Rating | : | 4.56 (545 Votes) |
Asin | : | 0195102932 |
Format Type | : | paperback |
Number of Pages | : | 320 Pages |
Publish Date | : | 2017-07-11 |
Language | : | English |
DESCRIPTION:
Kip Viscusi is the George G. W. . Allen Professor of Economics at Duke University
"Timely and Timeless" according to ryn76. Professor Viscusi is, in the best of academic traditions, a keenly independent thinker who is also a do-er. I do not expect to ever understand the mathematics. Nevertheless, his ability to explicate and summarize --in plain English-- complex, sophisticated concepts about risk, how we evaluate it, and how we perceive it has made me an ardent admirer. Young economists / policy-makers, please take note: He is at Vanderbilt and would be an origi
"Essential reading for anyone who wants the most current information and assessment of this important subject."--Sherwin Rosen, University of Chicago"Viscusi's Fatal Tradeoffs will be the classic of modern risk analysis."--William A. Niskanen, Chairman, Cato Institute
In addition to a careful selection of his writings, Fatal Tradeoffs includes a new survey of the value-of-life literature, a review of the 1980s regulatory reforms, and guidelines for risk policy. Balanced with case studies, the more technical articles have been opened to include policy ramifications, making the text accessible to professionals and academics alike.. Unfortunately, such an objective is beyond our reach--politicians who advocate higher taxes rarely get elected and economists who indicate that our resources are limited are often portrayed as purveyors of pessimism. This volume presents Viscusi's work in the social regulation of risk, this volume covers topics relating to the value and empirical estimates of life, the rationality of individual response