AgEcon Search

AgEcon Search >
       Australian Agricultural and Resource Economics Society >
          2008 Conference (52nd), February 5-8, 2008, Canberra, Australia >

Please use this identifier to cite or link to this item: http://purl.umn.edu/5997

Title: Risk in Public Policy Making: A Neglected Issue in Australia
Authors: Hardaker, J. Brian
Fleming, Euan M.
Lien, Gudbrand D.
Authors (Email): Hardaker, J. Brian (jbhardaker@northnet.com.au)
Keywords: Policy-making
Risk
Uncertainty
Decision Analysis
Perceptions
Subjectivity
Issue Date: 2008
Series/Report no.: Conference Paper
Abstract: We argue for greater recognition of the risky nature of most policy decisions. In this context we discuss the gulf between public risk perceptions and attitudes and those of 'experts'. Public views of risk are often inconsistent and seemingly irrational. They nevertheless influence policy choices in a democracy. On the other hand, experts often claim unjustifiable levels of confidence in their predictions of policy choice outcomes, creating a lack of public faith in their recommendations. While risky policy choices deserve more systematic decision analysis, there is a need for more effective interaction between policy makers, decision analysts and the public.
URI: http://purl.umn.edu/5997
Institution/Association: Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
Total Pages: 16
Collections: 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia

Files in This Item:

File Description SizeFormat
cp08ha01.pdf188KbPDFView/Open
Recommend this item

All items in AgEcon Search are protected by copyright.

 

 

Brought to you by the University of Minnesota Department of Applied Economics and the University of Minnesota Libraries with cooperation from the Agricultural and Applied Economics Association.

All papers are in Acrobat (.pdf) format. Get Adobe Reader

Contact Us

Powered by: