THE USE OF RISK ANALYSIS IN FEDERAL REGULATORY AGENCIES: AN EXPLORATION1 |
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Authors: | Michael E. Kraft |
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Abstract: | This paper reports on an exploratory study of the role of risk analysis in seven federal agencies concerned with health, safety, and environmental regulation. Interviews with key decision-makers suggest that the use of risk analysis has increased in recent years, but that its employment in risk management decision-making varies considerably both within given agencies and across agencies and policy areas. Despite methodological and institutional constraints, risk analysis is likely to play a greater role in the future as demands for comparative assessment of technological risks increase. |
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