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Rational behaviour, Risk aversion, High stakes for society

Author

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  • André De Palma

    (Department of Economics, Ecole Polytechnique - X - École polytechnique - CNRS - Centre National de la Recherche Scientifique, ENS Cachan - École normale supérieure - Cachan)

Abstract

Certain 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.

Suggested Citation

  • André De Palma, 2008. "Rational behaviour, Risk aversion, High stakes for society," Working Papers hal-00349462, HAL.
  • Handle: RePEc:hal:wpaper:hal-00349462
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00349462
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    Keywords

    Risk; uncertainty; home security; expected utility; non-expected utility; OECD;

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