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A new cosmology of risks and crises time for a radical shift in paradigm and practice


  • Patrick Lagadec

    (Department of Economics, Ecole Polytechnique - Polytechnique - X - CNRS - Centre National de la Recherche Scientifique)


Crisis management theory and practice was in the main elaborated in the late 70s and 80s and developed and implemented in the 90s. We now have a rich knowledge of crisis intelligence and best practices. But, even if we can be proud of that advance, a further challenge remains: crises in the 21st century differ?structurally? from those we had to deal with in the last century. By way of example, the disparity between now and then is equivalent to that which existed between the end of the Second World War and the beginning of the First. Thus, if we stick to former paradigms ?we are bound to be defeated in every battle?. Even if it is extremely difficult to forge new routes into Terrae Incognitae, it is vital to do so ? or at least to try.

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  • Patrick Lagadec, 2008. "A new cosmology of risks and crises time for a radical shift in paradigm and practice," Working Papers hal-00338386, HAL.
  • Handle: RePEc:hal:wpaper:hal-00338386
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    References listed on IDEAS

    1. Robert Sugden, 2004. "The Opportunity Criterion: Consumer Sovereignty Without the Assumption of Coherent Preferences," American Economic Review, American Economic Association, vol. 94(4), pages 1014-1033, September.
    2. Loewenstein, George & Adler, Daniel, 1995. "A Bias in the Prediction of Tastes," Economic Journal, Royal Economic Society, vol. 105(431), pages 929-937, July.
    3. Cass R. Sunstein & Richard H. Thaler, 2003. "Libertarian paternalism is not an oxymoron," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 48(Jun).
    4. Mui, Vai-Lam, 1995. "The economics of envy," Journal of Economic Behavior & Organization, Elsevier, vol. 26(3), pages 311-336, May.
    5. Ariely, Dan & Loewenstein, George & Prelec, Drazen, 2006. "Tom Sawyer and the construction of value," Journal of Economic Behavior & Organization, Elsevier, vol. 60(1), pages 1-10, May.
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    Cited by:

    1. repec:gam:jscscx:v:5:y:2016:i:2:p:19:d:69982 is not listed on IDEAS
    2. Aino Ruggiero, 2016. "Making Communication Strategy Choices in a Fast Evolving Crisis Situation—Results from a Table-Top Discussion on an Anthrax Scenario," Social Sciences, MDPI, Open Access Journal, vol. 5(2), pages 1-15, May.

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    Crises; emerging crises; discontinuity; decision-making; Crises émergentes; discontinuité; gouvernance;

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