Includes bibliographical references and index.

Precautions and paralysis -- Behind the precautionary principle -- Worst-case scenarios -- Fear as wildfire -- Reconstructing the precautionary principle -- and managing fear -- Costs and benefits -- Democracy, rights, and distribution -- Libertarian paternalism -- Fear and liberty -- A concluding note: fear and folly. "What is the relationship between fear, danger, and the law? Cass R. Sunstein attacks the increasingly influential Precautionary Principle - the idea that regulators should take steps to protect against potential harms, even if causal chains are uncertain and even if we do not know that harms are likely to come to fruition. Focusing on such problems as global warming, terrorism, DDT, and genetic engineering, Professor Sunstein argues that the Precautionary Principle is incoherent. Risks exist on all sides of social situations, and precautionary steps create dangers of their own. Diverse cultures focus on very different risks, often because social influences and peer pressures accentuate some fears and reduce others. Instead of adopting the Precautionary Principle, Professor Sunstein argues for three steps: a narrow Anti-Catastrophe Principle, designed for the most serious risks; close attention to costs and benefits; and an approach called 'libertarian paternalism, ' designed to respect freedom of choice while also moving people in directions that will make their lives go better. He also shows how free societies can protect liberty amidst fears about terrorism and national security."--Jacket.