Fatal Tradeoffs: Public and Private Responsibilities for Risk

Paperback | October 1, 1969

byW. Kip Viscusi

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Ideally, it would be desirable if we could all adopt a high-minded commitment to a risk-free existence. Unfortunately, such an objective is beyond our reach--politicians who advocate higher taxes rarely get elected and economists who indicate that our resources are limited are often portrayedas purveyors of pessimism. Fatal Tradeoffs culminates and synthesizes the research of the government's expert on the value of life and risk regulation. This volume presents Viscusi's work in the social regulation of risk, this volume covers topics relating to the value and empirical estimates oflife, the rationality of individual responses to risk, and the role of government policy. In addition to a careful selection of his writings, Fatal Tradeoffs includes a new survey of the value-of-life literature, a review of the 1980s regulatory reforms, and guidelines for risk policy. Balanced withcase studies, the more technical articles have been opened to include policy ramifications, making the text accessible to professionals and academics alike.

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Ideally, it would be desirable if we could all adopt a high-minded commitment to a risk-free existence. Unfortunately, such an objective is beyond our reach--politicians who advocate higher taxes rarely get elected and economists who indicate that our resources are limited are often portrayedas purveyors of pessimism. Fatal Tradeoffs c...

W. Kip Viscusi is at Duke University.

other books by W. Kip Viscusi

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Hardcover|Sep 1 1991

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Format:PaperbackDimensions:320 pages, 9.25 × 6.14 × 0.83 inPublished:October 1, 1969Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195102932

ISBN - 13:9780195102932

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"Viscusi has written the definitive book on one of the most difficult subjects of government concern. He provides a guide for setting regulatory policy while avoiding the two extremes of an unachievable riskless world and the unacceptable society that does care about its people."--MurrayWeidenbaum, Mallinckrodt Distinguished University Professor and Director, The Center for the Study of American Business, Washington University in St. Louis