Rational Responses to Risks

The book's philosophical account of risk makes precise, justifies, and systematizes a variety of decision principles drawn from various disciplines. Weirich's approach to rational choice yields a theory that explains the rationality of choices complying with decision principles and advances strong normative standards for both attitudes to risks and acts affecting risks. His theory aims to guide decisions about risks in finance, in professional advice to clients, and in government regulation of risks the public bears.