The PIs propose to develop a methodological tool for ranking risks. Since the society has a limited ability to reduce all risks, there is an obvious benefit in prioritizing the risks that must be confronted. The tool to be developed will include both public values and experts ratings as components of the risk assessment technique. The ranking process will involve categorization of the risks and identification of the attributes upon which the risks will be evaluated. Each group of assessors will both perform reductionistic and impressionistic ranking procedures in order to minimize the influence of procedural and framing effects on the assessment of risk. The PIs will also conduct a series of studies to help determine whether the procedure they develop will yield reproducible results.

Agency
National Science Foundation (NSF)
Institute
Division of Social and Economic Sciences (SES)
Type
Standard Grant (Standard)
Application #
9512023
Program Officer
Hal R. Arkes
Project Start
Project End
Budget Start
1995-09-01
Budget End
1999-08-31
Support Year
Fiscal Year
1995
Total Cost
$455,000
Indirect Cost
Name
Carnegie-Mellon University
Department
Type
DUNS #
City
Pittsburgh
State
PA
Country
United States
Zip Code
15213