The Risk of Seduction in Risk Assessment

TitleThe Risk of Seduction in Risk Assessment
Publication TypeWeb Article
Year of PublicationSubmitted
AuthorsNeff, A
Secondary AuthorsDavis, M
Series TitlePerspectives on the Professions
Volume9
Issue2
PublisherCenter for the Study of Ethics in the Professions, Illinois Institute of Technology
Place PublishedChicago, IL
Publication Languageeng
KeywordsECONOMICS , ENVIRONMENTAL ethics
AbstractDiscusses how economists seek to put monetary values for social externalities, environmental resources and public goods by measuring the measurable aspects of the good, and assigning to that measurement the added meaning of the cost or benefit of environmental quality. The author talks about the problems with this approach and how risk assessment always assigns a value to uncertainty based on today's value of some product or service or risk or benefit, whose value we cannot yet know.
URLhttp://ethics.iit.edu/perspective/v9n2%20perspective.pdf
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