Rational behaviour, Risk aversion, High stakes for society
AbstractCertain areas related to the topics under discussion here lie outside my field; for instance the evaluation of risk assessment and security deficiencies in the transport sector. What has convinced me of the importance of this subject are a few very general conclusions, indeed I would say, impressions, that I have drawn from the truly remarkable development of our powers to analyse the risk decision-making process over some years now.
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Date of creation: Oct 2008
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Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00349462/en/
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Risk; uncertainty; home security; expected utility; non-expected utility; OECD;
Other versions of this item:
- André de Palma, 2008. "Rational Behaviour, Risk Aversion, High Stakes for Society," OECD/ITF Joint Transport Research Centre Discussion Papers 2008/21, OECD Publishing.
- NEP-ALL-2009-03-22 (All new papers)
- NEP-CBE-2009-03-22 (Cognitive & Behavioural Economics)
- NEP-UPT-2009-03-22 (Utility Models & Prospect Theory)
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