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Confluence and contours: reflexive management of environmental risk

Author

Listed:
  • Soane, Emma
  • Schubert, Iljana
  • Pollard, Simon
  • Rocks, Sophie
  • Black, Edgar
Abstract
Government institutions have responsibilities to distribute risk management funds meaningfully and to be accountable for their choices. We took a macro-level sociological approach to understanding the role of government in managing environmental risks, and insights from micro-level psychology to examine individual-level risk-related perceptions and beliefs. Survey data from 2179 UK citizens showed that lay people's funding preferences were associated positively with beliefs about responsibility and trust, yet associations with perception varied depending on risk type. Moreover, there were risk-specific differences in the funding preferences of the lay sample and 29 policy makers. A laboratory based study of 109 participants examined funding allocation in more detail through iterative presentation of expert information. Quantitative and qualitative data revealed a meso-level framework comprising three types of decision makers who varied in their willingness to change funding allocation preferences following expert information: adaptors, responders and resistors. This research highlights the relevance of integrated theoretical approaches to understanding the policy process, and the benefits of reflexive dialogue to managing environmental risks.

Suggested Citation

  • Soane, Emma & Schubert, Iljana & Pollard, Simon & Rocks, Sophie & Black, Edgar, 2016. "Confluence and contours: reflexive management of environmental risk," LSE Research Online Documents on Economics 63823, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:63823
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    File URL: http://eprints.lse.ac.uk/63823/
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    References listed on IDEAS

    as
    1. Loomes, Graham, 2006. "(How) Can we value health, safety and the environment?," Journal of Economic Psychology, Elsevier, vol. 27(6), pages 713-736, December.
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    Cited by:

    1. Sophie A. Rocks & Iljana Schubert & Emma Soane & Edgar Black & Rachel Muckle & Judith Petts & George Prpich & Simon J. Pollard, 2017. "Engaging with Comparative Risk Appraisals: Public Views on Policy Priorities for Environmental Risk Governance," Risk Analysis, John Wiley & Sons, vol. 37(9), pages 1683-1692, September.

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    More about this item

    Keywords

    agency; decision making; environmental risk; government funding; policy;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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