Risk 2011
DOI: 10.1093/actrade/9780199576203.003.0001
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Cited by 16 publications
(15 citation statements)
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“…We propose one that uses behavioral decision research methods [22, 23] to implement an analytical-deliberative process, as advocated in Understanding Risk [24]. A consensus report of the National Research Council, Understanding Risk proposes that defining the terms of analyses requires an iterative process, whereby analysts interact with decision makers to clarify the implications of alternative definitions (e.g., of societal utility functions and their associated aggregation procedures).…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…We propose one that uses behavioral decision research methods [22, 23] to implement an analytical-deliberative process, as advocated in Understanding Risk [24]. A consensus report of the National Research Council, Understanding Risk proposes that defining the terms of analyses requires an iterative process, whereby analysts interact with decision makers to clarify the implications of alternative definitions (e.g., of societal utility functions and their associated aggregation procedures).…”
Section: Resultsmentioning
confidence: 99%
“…Unless the analytical-deliberative process produces a consensus, the distribution of (meta-)preferences that it elicits could be a source of inputs to sensitivity analyses. Fundamentally different ethical principles might still lead to the same choices, as has been found in risk perception studies (e.g., whether risks are incurred involuntarily and have delayed effects) [16, 23, 43]. Of course, sensitivity analyses that reflect variation in the statistic used to summarize preferences are asking a very different question than sensitivity analyses that reflect disagreement about what summary statistic to use in the first place.…”
Section: Resultsmentioning
confidence: 99%
“…People have their lives ruined and families disintegrate because of irrational thinking about financial matters, short-term thinking about their lives, and the innumeracy of various types that we measure on our rational thinking assessment, the CART [16]. For example, risks are evaluated in various suboptimal ways [64] that result in thousands of deaths due to texting and electronics-distracted driving [65]. Irrational thinking sustains pathological gambling and other behavioral problems [66].…”
Section: Discussionmentioning
confidence: 99%
“…Patients with value awareness understand their options, the limits to that understanding, and the opportunities to learn more. 28 There are vast literatures on how to communicate expected risks and benefits, in terms of both quantitative estimates of expected outcomes and the qualitative processes generating them. Although researchers are continuing to refine these methods, the practical challenge is applying what is known.…”
Section: The Value Awareness Idealmentioning
confidence: 99%