Organizational Encounters with Risk

Bridget Hutter is Peacock Chair of Risk Management at the LSE and Director of the Centre for Analysis of Risk and Regulation (CARR) at the London School of Economics. Michael Power is Professor of Accounting and a Director of the ESRC Centre for the Analysis of Risk and Regulations (CARR) at the London School of Economics.

• Acknowledgements; 1. Organizational encounters with risk: an introduction Bridget Hutter and Michael Power; 2. Organizational rituals of risk and error Diane Vaughan; 3. 'Ways of seeing': understandings of risk in organisational settings Bridget Hutter; 4. Risk and rules: the 'legalization' of medicine Carol A. Heimer, Juleigh Coleman Petty and Rebecca J. Culyba; 5. Organizational responses to risk: the rise of the Chief Risk Officer Michael Power; 6. Incentives, risk and accountability in organizations Timothy Besley and Maitreesh Ghatak; 7. Mathematizing risk: models, arbitrage and crises Donald MacKenzie; 8. Interdependencies within an organization Howard Kunreuther and Geoffrey Heal; 9. Restoring reason: causal narratives and political culture Sheila Jasanoff; Bibliography; Index.

'Organizational Encounters with Risk addresses the paradox of the 21st century: how organizations that enhance our capacity to govern uncertainty simultaneously produce new uncertainties that demand innovative approaches to risk and regulation. While grounding their analyses in real-world organizational encounters with risk, the distinguished contributors to this volume also significantly advance theories of uncertainty, risk and regulation.' Richard Ericson, University of Toronto