Given that we already accept many risks that lead to deaths like car accidents, how do policy makers weigh that factor when deciding what amount of risk is too much? For example, if the amount of deaths due to coronavirus is only slightly higher than the flu, how much risk should we take to open the economy? I guess I'm mostly interested in how risk analysis is used.
mikeskinnner11 karma
Given that we already accept many risks that lead to deaths like car accidents, how do policy makers weigh that factor when deciding what amount of risk is too much? For example, if the amount of deaths due to coronavirus is only slightly higher than the flu, how much risk should we take to open the economy? I guess I'm mostly interested in how risk analysis is used.
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