Averting Catastrophe explores how governments ought to make decisions in times of imminent disaster. Cass R. Sunstein argues that using the “maximin rule,” which calls for choosing the approach that eliminates the worst of the worst-case scenarios, may be necessary when public officials lack important information, and when the worst-case scenario is too disastrous to contemplate. He underscores this argument by emphasizing the reality of “Knightian uncertainty,” found in circumstances in which it is not possible to assign probabilities to various outcomes.
The Google Books page includes a table of contents:
- What We Don't Know
- With and Without Numbers
- The Maximin Principle
- The Precautionary Principle
- Departments and Agencies
Sunstein also wrote Laws of Fear: Beyond the Precautionary Principle, which Cambridge University Press published in 2005.