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Hazards Technology and Fairness (1986) / Chapter Skim
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Pages 49-49

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From page 49...
... The Social Costs of Error In his analysis Page described dichotomous risk decisions and classifications as follows: substances were either carcinogenic or not, and when they were misclassified the resultant errors were either false positives or false negatives. This representation is a useful way to show how it is socially desirable to balance the costs of errors in managing uncertain risks, and this was Page's objective.


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