Risk Analysis in the Private Sector

by Chris Whipple

First published 2013

Risk analysis has shifted from serving federal regulators to encompassing private sector efforts. Chris Whipple examines how corporations now conduct their own analyses to prevent health and environmental harm. Companies face powerful motivations for this work. These range from moral obligations to protect public welfare to self-preservation against financial losses, lawsuits, and government penalties. Whipple presents contributions from toxicologists, epidemiologists, chemists, biologists, engineers, statisticians, decision analysts, economists, psychologists, philosophers, and legal experts. Each field offers distinct perspectives on how private institutions can identify and manage risks. The book demonstrates that effective risk management extends far beyond regulatory compliance. Companies must integrate diverse scientific disciplines and analytical approaches. Whipple shows readers how private sector risk analysis has become central to societal safety, offering practical frameworks for understanding this evolution.

Genres: science, business, economics, environment, non-fiction, academic

Vibes: thought-provoking

Tropes: academic, interdisciplinary

516 pages · Paperback · Springer

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