Risk and decision-making for extreme events: What terrorism and climate change have in common

Stewart, MG

Risk and decision-making for extreme events: What terrorism and climate change have in common

Stewart, MG

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Publisher:: Taylor & Francis
Publication Type:: Chapter
Citation:: Life-Cycle of Structures and Infrastructure Systems, 2023, pp. 109-116
Issue Date:: 2023-01-01

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Field	Value	Language
dc.contributor.author	Stewart, MG
dc.date.accessioned	2024-04-21T10:00:35Z
dc.date.available	2024-04-21T10:00:35Z
dc.date.issued	2023-01-01
dc.identifier.citation	Life-Cycle of Structures and Infrastructure Systems, 2023, pp. 109-116
dc.identifier.isbn	9781003323020
dc.identifier.uri	http://hdl.handle.net/10453/178134
dc.description.abstract	Terrorism and climate change debates are often characterized by worst-case thinking, cost neglect, probability neglect, and avoidance of the notion of acceptable risk. This is not unexpected when dealing with extreme events. However, it can result in a frightened public, costly policy outcomes, and wasteful expenditures. The paper will describe how risk-based and cost-benefit approaches are well suited to infrastructure decision-making in these uncertain environments.
dc.language	en
dc.publisher	Taylor & Francis
dc.relation.ispartof	Life-Cycle of Structures and Infrastructure Systems
dc.relation.isbasedon	10.1201/9781003323020-10
dc.rights	info:eu-repo/semantics/openAccess
dc.title	Risk and decision-making for extreme events: What terrorism and climate change have in common
dc.type	Chapter
pubs.organisational-group	University of Technology Sydney
pubs.organisational-group	University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	University of Technology Sydney/Faculty of Engineering and Information Technology/School of Civil and Environmental Engineering
utslib.copyright.status	open_access	*
dc.date.updated	2024-04-21T10:00:34Z
pubs.publication-status	Published

Abstract:

Terrorism and climate change debates are often characterized by worst-case thinking, cost neglect, probability neglect, and avoidance of the notion of acceptable risk. This is not unexpected when dealing with extreme events. However, it can result in a frightened public, costly policy outcomes, and wasteful expenditures. The paper will describe how risk-based and cost-benefit approaches are well suited to infrastructure decision-making in these uncertain environments.

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http://hdl.handle.net/10453/178134