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THE USE OF RISK ANALYSIS IN FEDERAL REGULATORY AGENCIES: AN EXPLORATION 1
Author(s) -
Kraft Michael E.
Publication year - 1982
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/j.1541-1338.1982.tb00491.x
Subject(s) - exploratory analysis , risk management , business , risk assessment , exploratory research , environmental planning , risk analysis (engineering) , public economics , environmental resource management , political science , finance , economics , geography , management , sociology , data science , computer science , anthropology
This paper reports on an exploratory study of the role of risk analysis in seven federal agencies concerned with health, safety, and environmental regulation. Interviews with key decision‐makers suggest that the use of risk analysis has increased in recent years, but that its employment in risk management decision‐making varies considerably both within given agencies and across agencies and policy areas. Despite methodological and institutional constraints, risk analysis is likely to play a greater role in the future as demands for comparative assessment of technological risks increase.