The availability heuristic, intuitive cost-benefit analysis, and climate change /

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Bibliographic Details
Author / Creator:	Sunstein, Cass R., author.
Imprint:	[Chicago, Illinois] : Law School, University of Chicago, 2005.
Description:	1 online resource (23 pages)
Language:	English
Series:	John M. Olin Law & Economics Working Paper ; no. 263 (2d series) John M. Olin Program in Law & Economics working paper ; 2nd ser., no. 263.
Subject:	Environmental risk assessment. Precautionary principle. Climatic changes. Cost effectiveness. Climatic changes. Cost effectiveness. Environmental risk assessment. Precautionary principle.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/8902638

Hidden Bibliographic Details
Notes:	"November 2005." Includes bibliographical references. Title from online title page (viewed September 4, 2012).
Summary:	"Because risks are on all sides of social situations, it is not possible to be 'precautionary' in general. The availability heuristic ensures that some risks stand out as particularly salient, whatever their actual magnitude. Taken together with intuitive cost-benefit balancing, the availability heuristic helps to explain differences across groups, cultures, and even nations in the assessment of precautions to reduce the risks associated with climate change. There are complex links among availability, social processes for the spreading of information, and predispositions. If the United States is to take a stronger stand against climate change, it is likely to be a result of available incidents that seem to show that climate change produces serious and tangible harm."

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