Ignorance, risk, rationality, expertise—this treatise has it all, plus food: “Institutionalized ignorance as a precondition for rational risk expertise,” Henrik Merkelsen [pictured here], Risk Analysis, 2011 Jul;31(7):1083-94. The author, at Copenhagen Business School, explains: “The present case study seeks to explain the conditions for experts’ rational risk perception by analyzing the institutional contexts that constitute [.
(Sasha Volokh) Here’s the third (and final) installment of my Houston Law Review piece on Rationality or Rationalism? The Positive and Normative Flaws of Cost-Benefit Analysis. (Click here for the first installment and here for the ... Read Post
In nearly every conversation I've had with consultants and practitioners regarding supply risk in the past month, the concept of supplier rationalization has come up -- either as a risk mitigation strategy or a strategy that can act... Read Post
Fears of a link between testosterone replacement therapy and cardiovascular risk are misplaced, according to a review. The therapy has come under widespread scrutiny in recent months, including by a federal Food and Drug Administrat... Read Post