In the United States, risk regulation is separated into two components: risk assessment, the scientific or technical component, and the risk , management, the policy or political component. Public fears clearly do play a role in the formulation of government policies regulating risks, and it is not obvious that such fears should not play a role.
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|Date of creation:||1997|
|Date of revision:|
|Contact details of provider:|| Postal: Business, Law and Economics Center, John M. Olin School of Business, Washington University. Campus Box 1133, One Brookings Drive, St. Louis MO 63130-4899.|
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