Skip to main content
Article
Review of Precautionary Risk Management: Dealing with Catastrophic Loss Potentials in Business, the Community and Society
Journal of Homeland Security and Emergency Management (2011)
  • Irmak Renda-Tanali
Abstract
Precautionary Risk Management: Dealing with Catastrophic Loss Potentials in Business, the Community and Society by Mark Jablonowski takes the reader beyond the façade of pseudo-scientific assessments of hazard risk that cater to special interests and into the philosophical aspects of 'high-stakes' risk management. Jablonowski's approach provides guidance for making decisions based upon tough but honest choices between precaution and fatalism. Mark Jablonowski is a professional risk manager who has nearly 30 years of experience as insurance underwriter and insurance underwriting manager. He is founder and principal of Intuitive Risk (www.intuitiverisk.com). Jablonowski has published over 50 papers about risk assessment, risk management, uncertainty modeling, and the economics of risk. Some portions of this book have been previously published in The John Liner Review: The Quarterly Journal of Advanced Risk Management Strategies, Risk Management, The Journal of the Society of Chartered/Property Casualty Underwriters, and CPCU eJournal.
Keywords
  • precautionary dilemma,
  • high-stakes risk management,
  • alternatives assessment,
  • minimax,
  • de minimis,
  • statistical risk,
  • expected value,
  • cost/benefit
Publication Date
April 28, 2011
Citation Information
Irmak Renda-Tanali. "Review of Precautionary Risk Management: Dealing with Catastrophic Loss Potentials in Business, the Community and Society" Journal of Homeland Security and Emergency Management Vol. 4 Iss. 2 (2011)
Available at: http://works.bepress.com/irmak_renda-tanali/1/