Question $3(2$ points$)$

Retake question

Match the term to the appropriate description.

Question $3$ options:

Risk assessment

Cost$-$benefit analysis

Risk perception

Cost$-$effectiveness analysis

$1.$

Developed as a result of the apparent irrationality of the public in response to the risks that the experts estimated to be small

$2.$

Identifies events and exposures that may be harmful to humans and estimates the probabilities of their occurrence as well as the extent of harm they may cause.

$3.$

Weighs the estimated cost of implementing a policy against the estimated benefit.

$4.$

Compares the efficiency of different methods of attaining the same objective.