This module looks at the use of risk-benefit analysis to answer questions engineers often face when making decisions about public safety and health. It explains how risk-benefit analysis can be used in answering questions such as “how safe is safe enough?” and then defends the thesis that this... Show moreThis module looks at the use of risk-benefit analysis to answer questions engineers often face when making decisions about public safety and health. It explains how risk-benefit analysis can be used in answering questions such as “how safe is safe enough?” and then defends the thesis that this form of analysis cannot provide answers to questions about public safety and health. While risk-benefit analysis offers guidance for policy decisions, it does not provide an adequate basis for reaching or for justifying these decisions. The module looks at the ethical basis and free market justification of this form analysis, and then looks at the practical methods that risk-benefit analysis employs and the difficulties faced in using these methods, such as the predictability of harmful events occurring, and the human factor. Includes bibliography of related materials.
Sponsorship: Exxon Education Foundation
The Module Series in Applied Ethics was produced by the Center for the Study of Ethics in the Professions in under a grant from the Exxon Education Foundation. This series is intended for use in a wide range of undergraduate, graduate, and continuing education programs in such areas as science and/or technology public policy, and professional ethics courses in engineering, business, and computer science. Show less
