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Risk-based standards: integrating top–down and bottom–up approaches

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Abstract

In response to rapidly changing threats posed to increasingly complex socio-technical systems, many in the government and private sector have called for protection through risk-based standards. However, given the nature of these dynamic and uncertain threats, traditional risk assessment techniques may not be sufficient. Instead, there is a critical need for an integrated approach in which decision analytic techniques are used to assess evidence-based data with the values and preferences of decision makers. We point to three examples in the fields of nuclear power regulation, nanotechnology, and cybersecurity, where risk-based approaches (bottom–up) have been combined with decision analysis (top–down) to guide decision makers toward risk management policies that manifest both the best available evidence and the plurality of values within a society.

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Acknowledgments

This paper is prepared for the session organized by Drs. Linkov and Anklam at the 2014 AAAS Annual Meeting in Chicago, IL. The authors are grateful to Commissioner Apostolakis (US Nuclear Regulatory Commission) and Dr. Ross (National Institute for Standards and Technology) for valuable discussions in developing the concept for the session and paper. Permission was granted by the USACE Chief of Engineers to publish this material. The views and opinions expressed in this paper are those of the individual authors and not those of the US Army or European Commission, or other sponsor organizations.

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Correspondence to Igor Linkov.

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Linkov, I., Anklam, E., Collier, Z.A. et al. Risk-based standards: integrating top–down and bottom–up approaches. Environ Syst Decis 34, 134–137 (2014). https://doi.org/10.1007/s10669-014-9488-3

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