Problems of State and Local Risk Management: An Overview (Alternative Risk Management Policies for State and Local Governments)

摘要

State and local risk management is defined as a four-part process characterizd by risk identification, risk assessment, risk acceptance, and risk monitoring and intervention. Significant differences are found to exist in the comprehensiveness of risk management policies between both state and local agencies and among state agencies. In a large state such as California, agencies demonstrate a significant capacity to engage in comprehensive decision making. They identify new sources of risk, assess their efforts and set standards of risk acceptance. In smaller states, more selective risk management is evident due to resource constraints. Risk management policy at the state and local levels is evaluated according to the decision strategies that are employed.