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By designing programs that recognize the importance of institutional constraints and individuals' decision processes, society may be better able to manage low-probability, highconsequence nsks. NOTES A decision tree is a descriptive model of a problem involving a sequence of decisions ( O
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1985. Valuing Changes in Hazardous Waste Risks: A Contingent Valuation Analysis.
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Harvard Environmental Law Review 5:1-19. von Winterfeldt, D., and W
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