Are We Risk Averse? Issue1 #473078 This may seem like a strange question. Whether as individuals or businesses we are clearly risk-averse. We buy insurance. We don't randomly walk into traffic. But when it comes to climate change, it's as if the issue of risk adversity has been swept under the rug. Almost any degree of societal risk aversion would mandate an aggressive response to potential climate change. But for a number of reasons, that response is being successfully stymied. |
|