@techreport{oai:shiga-u.repo.nii.ac.jp:00009838, author = {Sakai, Yasuhiro}, issue = {No. A-14}, month = {Apr}, note = {Technical Report, This paper aims to discuss environmental risk management from a new perspective. Although there is a growing literature dealing with the relation between the economy and the environment in the absence of risk and uncertainty, it is quite unfortunate that the effects of a variety of risk factors on such a relation have not been intensively investigated by social scientists. Before 11 March 2011, most people believed in the myth of absolute safety. Since the Great East Japan Earthquake took place, however, their concept of risk for nuclear power generation has been changed completely. What they once regarded as the unthinkable events is no longer beyond imagination. This clearly indicates the necessity of studying environmental risk management in a new perspective. In this paper, we would like to show that simple applications of the conventional expected utility theory would possibly lead us to wrong conclusions. It is high time for us to combine both economic and non-economic (cultural and psychological) factors towards a more synthetic theory of decision making under risk and uncertainty., CRR Discussion Paper, Series A, No. A-14, pp. 1-21}, title = {On Environmental Risk Management : The Interactions of Economic and Non-economic Factors}, year = {2015} }