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Risk tradeoffs are ubiquitous in modern society, and ordinary citizens as well as public officials regularly weigh risks and countervailing risks, either explicitly or implicitly, in making decisions. Sometimes these decisions are informed by careful scientific analysis and assessments, but all too often the risks are not well understood or the tradeoffs are not well analyzed. Yet in many cases careful assessments not only are possible but also can reduce individual and collective risks.
John Graham and Jonathan Wiener have assembled nine case studies to illustrate the complexities of what they refer to as risk-tradeoff analysis, sometimes successful and sometimes
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