Risk-Based Decision Making in the Transportation Sector

  • Hans Bohnenblust
Part of the Technology, Risk, and Society book series (RISKGOSO, volume 12)


Dangers are a fact of life. Most human activities involve some kind of risk to man and environment. In their daily decisions people implicitly consider the risks they face. The same holds for many decisions made by private companies, public institutions and government. Many of these decisions affect safety issues which are considered implicitly. In an increasingly complex world the resulting decisions are not always appropriate, because the limits of the human mind do not allow for an implicit consideration of a large number of different factors. In the past many lessons had to be learned by trial and error. Formal analysis is needed to aid decision making in complex decisions.


Marginal Cost Risk Aversion Safety Measure Hazardous Material Efficiency Frontier 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • Hans Bohnenblust

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