The Ostrich Paradox : : Why We Underprepare for Disasters / / Robert Meyer, Howard Kunreuther.

• Superior document: Title is part of eBook package: De Gruyter University of Pennsylvania Press Complete eBook-Package 2017
• VerfasserIn: Meyer, Robert,; Kunreuther, Howard,
• Place / Publishing House: Philadelphia : : University of Pennsylvania Press, , [2017]; ©2017
• Year of Publication: 2017
• Language: English
• Physical Description: 1 online resource (132 p.)

"The Ostrich Paradox boldly addresses a key question of our time: Why are we humans so poor at dealing with disastrous risks, and what can we humans do about it? It is a must-read for everyone who cares about risk."—Daniel Kahneman, winner of the Nobel Prize in Economics and author of Thinking, Fast and SlowWe fail to evacuate when advised. We rebuild in flood zones. We don't wear helmets. We fail to purchase insurance. We would rather avoid the risk of "crying wolf" than sound an alarm.Our ability to foresee and protect against natural catastrophes has never been greater; yet, we consistently fail to heed the warnings and protect ourselves and our communities, with devastating consequences. What explains this contradiction?In The Ostrich Paradox, Wharton professors Robert Meyer and Howard Kunreuther draw on years of teaching and research to explain why disaster preparedness efforts consistently fall short. Filled with heartbreaking stories of loss and resilience, the book addresses: •How people make decisions when confronted with high-consequence, low-probability events—and how these decisions can go awry •The 6 biases that lead individuals, communities, and institutions to make grave errors that cost lives •The Behavioral Risk Audit, a systematic approach for improving preparedness by recognizing these biases and designing strategies that anticipate them •Why, if we are to be better prepared for disasters, we need to learn to be more like ostriches, not lessFast-reading and critically important, The Ostrich Paradox is a must-read for anyone who wants to understand why we consistently underprepare for disasters, as well as private and public leaders, planners, and policy-makers who want to build more prepared communities.

Table of Contents

Frontmatter -- Contents -- Introduction: The Ostrich Paradox -- PART I Why We Underprepare for Disasters -- Chapter 1 A Tale of Two Cognitive Systems -- Chapter 2 The Myopia Bias -- Chapter 3 The Amnesia Bias -- Chapter 4 The Optimism Bias -- Chapter 5 The Inertia Bias -- Chapter 6 The Simplification Bias -- Chapter 7 The Herding Bias -- PART II What We Can Do to Improve Preparedness -- Chapter 8 Overcoming the Biases: The Behavioral Risk Audit -- Chapter 9 The Behavioral Risk Audit in Action: The Case of Flood Risk -- Chapter 10 Protection in the Truly Long Run -- Postscript: The Ostrich Paradox Revisited -- Notes -- Index -- About the Authors -- About Wharton School Press -- About The Wharton School