Abstract
Many important decision problems involve risks to the health and safety of members of the public. These risks include possible fatalities, sicknesses, and injuries, as well as psychological effects. For appraising alternatives in such contexts, decision makers need to address public risks in addition to other economic, social, and environmental consequences.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Acton, J.P., 1973. Evaluating public program to save lives: the case of heart attacks. Santa Monica, Calif.: Rand Corporation Report R-950-RC.
Advisory Committee on Reactor Safeguards, 1980. An approach to quantitative safety goals for nuclear power plants. Washington, D.C.: U.S. Nuclear Regulatory Commission, NUREG-0739.
Black, S.C. and F. Niehaus, 1980. How safe is “too” safcl International Atomic Energy Agency Bulletin, 22, pp. 40–51.
Broome, J., 1982. Equity in risk bearing. Operations Research, 30, pp. 412–414.
Diamond, P.A., 1967. Cardinal welfare, individualistic ethics, and interpersonal comparisons of utility: comment. Journal of Political Economy, 75, pp. 765–766.
Ferreira, J., Jr. and L. Slesin, 1976. Observations on the social impact of large accidents. Cambridge, Mass.: Operations Research Center, Massachusetts Institute of Technology, Technical Report No. 122.
Fishburn, P.C., 1982. Equity axioms for public risk. Murray Hill, N.J.: Bell Laboratories.
Graham, J.D. and J.W. Vaupel, 1981. Value of life: what difference does it make? Risk Analysis, 1, pp. 89–95.
Howard, R.A., 1979. Life and death analysis. In, Lawrence Symposium on Systems and Decision Sciences. North Hollywood, Calif.: Western Periodicals.
Jones-Lee, M.W., 1974. The value of changes in the probability of death or injury. Journal of Political Economy, 99, pp. 835 - 849.
Jones-Lee, M.W., 1982. The Value of Life and Safety. Amsterdam: North-Holland Publishing Company.
Keeney, R.L., 1980a. Evaluating alternatives involving potential fatalities. Operations Research, 28, pp. 188–205.
Keeney, R.L., 1980b. Equity and public risk. Operations Research, 28, pp. 527–534.
Keeney, R.L., 1980c. Utility functions for equity and public risk. Management Science, 26, pp. 345–353.
Keeney, R.L., 1982. Evaluating mortality risks from an organizational perspective. In M.W. Jones-Lee (ed.), The Value of Life and Safety. Amsterdam: North-Holland Publishing Company.
Keeney, R.L. and H. Raiffa, 1976. Decisions with Multiple Objectives. New York: Wiley.
Keeney, R.L. and R.L. Winkler, 1985. Evaluating decision strategies for equity of public risks. Operations Research (in press).
Krischer, J.P., 1976. Indexes of severity: underlying concepts. Health Services Research, 11, pp. 143–147.
Linnerooth, J., 1975. A critique of recent modeling efforts to determine the value of human life. Laxenburg, Austria: International Institute for Applied Systems Analysis, Research Memorandum RM-75–67.
Linnerooth, J., 1979. The value of human life: a review of the models. Economic Inquiry, 17, pp. 52–74.
Lowrance, W.W., 1976. Of Acceptable Risk. Los Altos, Calif.: Kaufmann.
Mishan, E.J., 1971. Evaluation of life and limb: a theoretical approach. Journal of Political Economy, 79, pp. 687–705.
Okrent, D., 1980. Comment on societal risk. Science, 208, pp. 372–375.
Raiffa, H., Schwartz, W., and M. Weinstein, 1978. Evaluating Health Effects of Social Decisions and Programs. In EPA Decisionmaking. Washington, D.C.: National Academy of Sciences.
Salem, S.L., Solomon, K.A., and M.S. Yesley, 1980. Issues and problems in inferring a level of acceptable risk. Santa Monica, Calif.: Rand Corporation Report R-2561-DOE.
Sarin, R.K., 1982. Measuring equity in public risk. Los Angeles: Graduate School of Management, University of California.
Savage, L.J., 1954. The Foundations of Statistics. New York: Wiley.
Slovic, P., Fischhoff, B., and S. Lichtenstein, 1977. Risk assessment: basic issues. In R.W. Kates (ed.), Managing Technological Hazard: Research Needs and Opportunities. Boulder, Colo.: Institute of Behavioral Science, University of Colorado.
Slovic, P., Fischhoff, B., and S. Lichtenstein, 1980. Facts and fears: understanding perceived risk. In R.C. Schwing and W. A. Albers, Jr. (eds.), Societal Risk Assessment: How Safe is Safe Enough? New York: Plenum Press.
Starr, C., 1969. Social benefits versus technological risk. Science, 165, pp. 1232–1238.
Thaler, R. and S. Rosen, 1976. The value of saving a life: evidence from the labor market. In N.E. Terleckyj (ed.), Household Production and Consumption. New York: National Bureau of Economic Research, Columbia University.
von Neumann, J. and O. Morgenstern, 1947. Theory of Games and Economic Behavior. Princeton, N.J.: Princeton University Press, 2nd ed.
Zeckhauser, R., 1975. Procedures for evaluating lives. Public Policy, 23, pp. 419–464.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1986 Plenum Press, New York
About this chapter
Cite this chapter
Keeney, R.L. (1986). The Analysis of Risks of Fatalities. In: Covello, V.T., Menkes, J., Mumpower, J. (eds) Risk Evaluation and Management. Contemporary Issues in Risk Analysis, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-2103-3_9
Download citation
DOI: https://doi.org/10.1007/978-1-4613-2103-3_9
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4612-9245-6
Online ISBN: 978-1-4613-2103-3
eBook Packages: Springer Book Archive