The growing perception of the public and politicians that life is extremely risky has led to a dramatic and increasing interest in risk analysis. The risks may be very diverse as demonstrated by the range of subjects covered at the annual meetings of the Society for Risk Analysis. There is a need to pause and see how well the present approaches are serving the nation. The theme, "Setting National Priorities," which was chosen for the 1987 SRA Annual Meeting, reflects the concern that in dealing with individual kinds of risks, society may be more concerned with the trees than the forest. It is surprising how little attention is being given to the holistic aspects of risk. Who, for instance, is responsible for a national strategy to manage the reduction of health or other risks? Individual agencies have the responsibility for specific patterns of exposure, but these are not integrated and balanced to determine how the nation as a whole can obtain the greatest benefit for the very large investment which is made in risk-related research and analysis.
The growing perception of the public and politicians that life is extremely risky has led to a dramatic and increasing interest in risk analysis. The risks may be very diverse as demonstrated by the range of subjects covered at the annual meetings of the Society for Risk Analysis. There is a need to pause and see how well the present approaches are serving the nation. The theme, "Setting National Priorities," which was chosen for the 1987 SRA Annual Meeting, reflects the concern that in dealing with individual kinds of risks, society may be more concerned with the trees than the forest. It is surprising how little attention is being given to the holistic aspects of risk. Who, for instance, is responsible for a national strategy to manage the reduction of health or other risks? Individual agencies have the responsibility for specific patterns of exposure, but these are not integrated and balanced to determine how the nation as a whole can obtain the greatest benefit for the very large investment which is made in risk-related research and analysis.
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This work provides a guide to how economics can be used to manage scarcity of resources in health services. It outlines the principles of economics in a non-technical manner, before going on to...
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