"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 Slow
We 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 less
Fast-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.