Understanding Risk in Criminal Justice
This illuminating text examines the significance of the concept of risk in criminal justice policy, and in the role of criminal justice agencies and crime prevention initiatives. Particular features of the book include its use of practical examples, coverage of previously unpublished research, and a full review of current risk assessment tools for use with offenders. It is designed with undergraduate courses in mind, providing frequent summaries, lists of further reading, and a glossary.
Understanding Risk addresses a central dilemma of risk decisionmaking in a democracy: detailed scientific and technical information is essential for making decisions, but the people who make and live with those decisions are not scientists. The key task of risk characterization is to provide needed and appropriate information to decisionmakers and the public. This important new volume illustrates that making risks understandable to the public involves much more than translating scientific knowledge. The volume also draws conclusions about what society should expect from risk characterization and offers clear guidelines and principles for informing the wide variety of risk decisions that face our increasingly technological society. Understanding Risk Frames fundamental questions about what risk characterization means. Reviews traditional definitions and explores new conceptual and practical approaches. Explores how risk characterization should inform decisionmakers and the public. Looks at risk characterization in the context of the entire decisionmaking process. Understanding Risk discusses how risk characterization has fallen short in many recent controversial decisions. Throughout the text, examples and case studies--such as planning for the long-term ecological health of the Everglades or deciding on the operation of a waste incinerator--bring key concepts to life. Understanding Risk will be important to anyone involved in risk issues: federal, state, and local policymakers and regulators; risk managers; scientists; industrialists; researchers; and concerned individuals.
Sound risk management often involves a combination of both mathematical and practical aspects. Taking this into account, Understanding Risk: The Theory and Practice of Financial Risk Management explains how to understand financial risk and how the severity and frequency of losses can be controlled. It combines a quantitative approach with a more informal style, giving readers a blend of analysis and intuition. Divided into four parts, the book begins by introducing the basics of risk management and the behavior of financial instruments. The next section focuses on regulatory capital standards and models, addressing value-at-risk (VaR) models, portfolio credit risk, tranching, operational risk, and the Basel accords. The author then deals with asset/liability management (ALM) and liquidity management. The last part explores structured finance and a variety of new trading instruments, including inflation-linked products, sophisticated equity basket options, and convertible bonds. With numerous exercises, figures, and examples throughout, this book offers valuable insight on various aspects of financial risk management.
The Government of Risk
'The analytical approach developed to undertake this classification is full of insights. The classification scheme set out in the book will serve anyone involved in practical institutional design well beyond the specific examples it presents.' -Political StudiesWhy are vast sums spent on controlling some risks but not others? Is there any logic to the techniques we use in risk regulation? These are key questions explored in The Government of Risk. This book exposes the components of risk regulation systems and examines their interaction and explanation. The approach employed is of a high policy relevance as well as of considerable theoretical importance.
Understanding and Managing Risk Attitude
Despite many years of development, risk management remains problematic for the majority of organizations. One common challenge is the human dimension, in other words, the way people perceive risk and risk management. Risk management processes and techniques are operated by people, each of whom is a complex individual, influenced by many different factors. And the problem is compounded by the fact that most risk management involves people working in groups. This introduces further layers of complexity through relationships and group dynamics. David Hillson's and Ruth Murray-Webster's Understanding and Managing Risk Attitude will help you understand the human aspects of risk management and to manage proactively the influence of human behaviour on the risk process. The authors introduce a range of models, perspectives and examples to define and detail the range of possible risk attitudes; looking both at individuals and groups. Using leading-edge thinking on self-awareness and emotional literacy, they develop a powerful approach to address the most common shortfall in current risk management: the failure to manage the human aspects of the process. All this is presented in a practical and applied framework, rather than as a theoretical or academic treatise, based on the authors' shared experiences and expertise, rather than empirical research. Anyone involved in implementing risk management will benefit from this book, including risk practitioners, senior managers and directors responsible for corporate governance, project managers and their teams. It is also essential reading for HR professionals and others interested in organizational or behavioural psychology. This second edition is updated to strengthen the understanding of individual risk attitudes and reinforce what individuals can do to manage those risk attitudes that are leading them away from their objectives. For people who want to embrace this subject, the book highlights ways forward that are proven and practical.
In the Chamber of Risks
The essential problem is the failure to recognize that controversies over risks are "normal events" in modern society and as such will be with us for the foreseeable future. Three key propositions define these events: risk management decisions are inherently disputable; public perceptions of risk are legitimate and should be treated as such; the public needs to be intensively involved in the processes of risk evaluation and management. Leiss and his collaborators chronicle these organizational risks in a set of detailed case studies on genetically modified foods, cellular telephones, the notorious fuel additive MMT, pulp mill effluent, nuclear power, toxic substances legislation, tobacco, and the new type of "moral risks" associated with genetics technologies such as cloning. Contributors include Debora L. Van Nijnatten (Sir Wilfred Laurier University), Michael D. Mehta (University of Saskatchewan), Stephen Hill (University of Calgary), Éric Darier (Greenpeace), Greg Paoli (Decisionalysis Risk Consultants, Inc.), and Peter V. Hodson (Queen's University).
Understanding Risk in an Evolving World
"Across the globe, a consensus is emerging on the central importance of risk information in disaster risk management. When risks are quantified and the potential impacts of hazards are anticipated, governments, communities, and individuals are able to make more informed decisions. This publication highlights some of the influential efforts—by technical specialists, institutions, and governments around the world—to create and communicate risk information quickly and at low cost, to improve the quality and transparency of risk information, and to enable more local engagement in the production of authoritative risk information than ever before. Case studies spanning 40 countries and contributed by more than 50 institutions showcase emerging best practices, demonstrate how risk assessments are being used to inform disaster risk management and broader development, and highlight lessons learned through these efforts. "
Understanding the Risk Society
In this penetrating account of the impacts of risk on everyday life, Gabe Mythen provides a theoretically informed overview of the regulation of crime and security in a globalized world. By explicating the relationships between risk and crime, security and justice, the text applies risk to specific incidents and events, scrutinizing social processes and cultural practices, and illumining some of the central social and political issues of the modern age. Extending across a range of domains – including law, the environment, media and politics – Mythen embarks on a conceptual and critical exploration of risk theory. In doing so, his incisive text presents both a critical evaluation of the efficacy of competing perspectives on risk, and an authoritative appraisal of the place of risk within the social sciences.
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Focuses on the health risks associated with tobacco use, tactics employed by tobacco manufacturers, social consequences of smoking, prevention efforts, and treatment options.