Skip to main content

Hazards Technology and Fairness (1986) / Chapter Skim
Currently Skimming:


Pages 53-54

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 53...
... Considering the many ways in which a conservative analysis can fail to protect, intentional use of conservative risk estimates is not beneficial to public health. In addition to misallocating scarce resources, conservatism can lead to unwise risk transfers and encourage risk regulators to compensate for perceived conservatism.
Read the entire page →
From page 54...
... However, a de minimis risk policy could be interpreted as formally legitimizing risks that are now permitted on pragmatic grounds only. Although the risks permitted under a de minimis rule would be quantitatively small by definition, the public reaction to such risks may be influenced more strongly by the qualitative characteristics of the risk (Fischhoff et al., 19781.
Read the entire page →

Key Terms

  • minimis risk
  • conservative assumptions
  • risk estimates
  • minimis policy
  • conservative risk

  • risk regulation
  • minimis approach
  • uncertain risks
  • regulatory attention
  • minimis concept

  • risk policy
  • regulatory action
  • minimis rule
  • risk estimate


    • This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
    More information on Chapter Skim is available.