2014
DOI: 10.1016/j.jlp.2014.10.015
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Numerical risk tolerance criteria in the United States: A critique of the risk criterion used for the New Jersey Toxic Catastrophe Prevention Act

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Cited by 5 publications
(2 citation statements)
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“…Practitioners may be unsure of what measures and criteria to use and succumb to the bandwagon effect by using published measures and criteria that are not appropriate for their application. The authority bias may cause companies to adopt criteria used by regulators even when they are wrong .…”
Section: Examples Of Heuristics and Cognitive Biasesmentioning
confidence: 99%
“…Practitioners may be unsure of what measures and criteria to use and succumb to the bandwagon effect by using published measures and criteria that are not appropriate for their application. The authority bias may cause companies to adopt criteria used by regulators even when they are wrong .…”
Section: Examples Of Heuristics and Cognitive Biasesmentioning
confidence: 99%
“…Under the TCPA regulations, the NJDEP requires the performance of a process hazard analysis that incorporates a risk assessment and utilizes a numerical risk criterion []. Unfortunately, the approach used by the NJDEP is seriously flawed, although it could be corrected without difficulty []. However, it provides an example of a risk criterion that has been implemented by a US regulator in the field of process safety.…”
mentioning
confidence: 99%