Risk in Public Policy Making: A Neglected Issue in Australia

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Hardaker, J. Brian; Fleming, Euan M.; Lien, Gudbrand D.;
  • Subject: Policy-making, Risk, Uncertainty, Decision Analysis, Perceptions, Subjectivity, Institutional and Behavioral Economics, Political Economy, Risk and Uncertainty,

We argue for greater recognition of the risky nature of most policy decisions. In this context we discuss the gulf between public risk perceptions and attitudes and those of 'experts'. Public views of risk are often inconsistent and seemingly irrational. They neverthele... View more
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