Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network

Open Access. Powered by Scholars. Published by Universities.®

Law and Psychology

PDF

University of Michigan Law School

Series

Risk

Publication Year

Articles 1 - 2 of 2

Full-Text Articles in Entire DC Network

Rescue And The War Story, William I. Miller Jan 2001

Rescue And The War Story, William I. Miller

Articles

It is precisely in the domain of rescue that twentieth-century battle has made its peculiar addition to the styles of the heroic.


Some Implications Of Cognitive Psychology For Risk Regulation, Roger G. Noll, James E. Krier Jan 1990

Some Implications Of Cognitive Psychology For Risk Regulation, Roger G. Noll, James E. Krier

Articles

Beginning with a set of books and articles published in the 1950s, cognitive psychologists have developed a new descriptive theory of how people make decisions under conditions of risk and uncertainty. A dominant theme in the theory is that most people do not evaluate risky circumstances in the manner assumed by conventional decision theory-they do not, that is, seek to maximize the expected value of some function when selecting among actions with uncertain outcomes. The purpose of this article is to consider some implications of the cognitive theory for regulatory policies designed to control risks to life, health, and the …