Simon J. T. Pollard

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Keywords: Regulatory decision making Cost–benefit analysis ALARP Expected utility theory a b s t r a c t In practice, risk and uncertainty are essentially unavoidable in many regulation processes. Regulators frequently face a risk-benefit trade-off since zero risk is neither practicable nor affordable. Although it is accepted that cost–benefit analysis is(More)
Keywords: Decision support Uncertainty Risk Group decision making Evidence support logic Expected utility TESLA™ a b s t r a c t Recent changes in the assessment and management of risks has had the effect that greater importance has been placed on relationships between individuals and within groups to inform decision making. In this paper, we provide the(More)
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