Abstract

http://ssrn.com/abstract=1020104
 
 

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Risk Management Principles for Nanotechnology


Douglas J. Sylvester


Arizona State University - College of Law

Kenneth W. Abbott


Arizona State University

Gary E. Marchant, JD, PhD


Arizona State University - College of Law


NanoEthics, Vol. 2, pp. 43-60, 2008

Abstract:     
Risk management of nanotechnology is challenged by the enormous uncertainties about the risks, benefits, properties, and future direction of nanotechnology applications. Because of these uncertainties, traditional risk management principles such as acceptable risk, cost-benefit analysis, and feasibility are unworkable, as is the newest risk management principle, the precautionary principle. Yet, simply waiting for these uncertainties to be resolved before undertaking risk management efforts would not be prudent, in part because of the growing public concerns about nanotechnology driven by risk perception heuristics such as affect and availability. A more reflexive, incremental, and cooperative risk management approach is required, which not only will help manage emerging risks from nanotechnology applications, but will also create a new risk management model for managing future emerging technologies.

Number of Pages in PDF File: 18

Keywords: technology, heuristic, risk, regulation, uncertainty, braithwaite, model, emerging, psychology, precautionary

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Date posted: October 16, 2007 ; Last revised: January 9, 2014

Suggested Citation

Sylvester, Douglas J. and Abbott, Kenneth W. and Marchant, JD, PhD, Gary E., Risk Management Principles for Nanotechnology. NanoEthics, Vol. 2, pp. 43-60, 2008. Available at SSRN: http://ssrn.com/abstract=1020104

Contact Information

Douglas J. Sylvester (Contact Author)
Arizona State University - College of Law ( email )
Box 877906
Tempe, AZ 85287-7906
United States
Kenneth Wayne Abbott
Arizona State University ( email )
Box 877906
Tempe, AZ 85287-7906
United States
480-965-5917 (Phone)
Gary E. Marchant, JD, PhD
Arizona State University - College of Law ( email )
Box 877906
Tempe, AZ 85287-7906
United States
(480) 965-3246 (Phone)
(480) 965-2427 (Fax)
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