Toward a Commonly Shared Public Policy Perspective for Analyzing Risk Coping Strategies

06/11/2022
by   Araz Taeihagh, et al.
0

The concept of risk has received scholarly attention from a variety of angles in the social, technical, and natural sciences. However, public policy scholars have not yet generated a comprehensive overview, shared understanding and conceptual framework of the main problem-solving approaches applied by governments in coping with risks. In this regard, our main aim is to examine existing perspectives on prevailing risk coping strategies, find a common denominator among them and contribute to current policy and risk science literature through providing a conceptual framework that systematically spans the spectrum of risk coping strategies and incorporates the essence of the most relevant insights. To this end, we first examine the concept of risk in-depth by exploring various definitions and types of risk. We then review different approaches proposed by different strands of research for addressing risk. Finally, we assess current knowledge and develop an amalgamated perspective for examining how risks can be addressed by classifying them into six general types of response (no response; prevention; control; precaution; toleration; and adaptation) as well as indicators to identify these responses. We argue that these strategies can function as a heuristic tool for decisionmakers in designing appropriate policies to cope with risks in decision-making processes.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
05/21/2018

The Governance of Risks in Ridesharing: A Revelatory Case from Singapore

Recently we have witnessed the worldwide adoption of many different type...
research
06/12/2023

TASRA: a Taxonomy and Analysis of Societal-Scale Risks from AI

While several recent works have identified societal-scale and extinction...
research
02/20/2022

A framework for spatial heat risk assessment using a generalized similarity measure

In this study, we develop a novel framework to assess health risks due t...
research
01/04/2022

Trade-offs in the design and communication of flood-risk information

There is an increasingly urgent need to develop knowledge and practices ...
research
07/08/2023

Typology of Risks of Generative Text-to-Image Models

This paper investigates the direct risks and harms associated with moder...
research
09/06/2023

Risk-reducing design and operations toolkit: 90 strategies for managing risk and uncertainty in decision problems

Uncertainty is a pervasive challenge in decision analysis, and decision ...

Please sign up or login with your details

Forgot password? Click here to reset