to subjective judgements of benefits
vs. risks for individuals vs. society, present vs. future generations and to developed
countries vs. developing nations, raising equity and moral considerations.
There is also evidence in the literature that enforced risks create resentment,
whereas those taken voluntarily are usually more readily accepted (see Fischhoff
et al., 1978). Furthermore
/media/loftslag/Lorenzoni_Pidgeon_2006.pdf
elements of both natural system
understanding and new technological developments. Finally, IWRM functions include: (3)
financing functions and mechanisms including items such as national and local capital
markets and mechanisms like grants and internal sources, user payments, subsidies, loans
and equity capital. The main source of uncertainty here is related to the future societal
developments
/media/loftslag/VanderKeur_etal-2008-Uncertainty_IWRM-WARM.pdf