Worst-Case ScenariosHarvard University Press, 2009 M05 15 - 352 pages Nuclear bombs in suitcases, anthrax bacilli in ventilators, tsunamis and meteors, avian flu, scorchingly hot temperatures: nightmares that were once the plot of Hollywood movies are now frighteningly real possibilities. How can we steer a path between willful inaction and reckless overreaction? |
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... tion — that is , an agreement about what to do without any kind of agreement on the theory that underlies our conclusion.4 Often , of course , life produces much harder questions . It is now standard practice for economists and other ...
... tion is how to handle future generations when they are threatened by worst - case scenarios . According to standard practice , money that will come in the future must be " discounted " ; a dollar twenty years hence is worth a fraction ...
... tion and neglect . Chapter 4 explores the question of irreversibility and in particu- lar the argument for an Irreversible Harm Precautionary Principle , suited to such problems as ozone depletion , protection of endan- gered species ...
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