Abstract:Precautionary ReasoningEvery day we make decisions involving risks, benefits, and precautions. We engage in what I call precautionary reasoning in a variety of decision-making contexts, including lifestyle choices (e.g. smoking tobacco, riding motorcycles, eating excessively), financial decisions (e.g. investing money, loaning money, purchasing goods), health care choices (e.g. seeking medical treatment, taking preventative measures), and public policy decisions (e.g. approving drugs, developing new technologi… Show more
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