Polycentric Risk Mitigation Framework
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A Polycentric Risk Mitigation Framework is a distributed risk management framework that addresses global risks through multiple independent centers of authority and decision-making rather than centralized control.
- AKA: Decentralized Risk Mitigation System, Multi-Center Risk Framework, Distributed Governance Risk Model, Ostrom Risk Management Framework.
- Context:
- It can typically coordinate Risk Response Protocols through voluntary agreements.
- It can often preserve National Sovereignty while addressing transnational risks.
- It can typically utilize Treaty-Based Coordination Mechanisms for collective action.
- It can often enable Local Adaptation Strategys within global frameworks.
- It can range from being a Bilateral Polycentric Risk Mitigation Framework to being a Multilateral Polycentric Risk Mitigation Framework, depending on its participant count.
- It can range from being a Formal Polycentric Risk Mitigation Framework to being an Informal Polycentric Risk Mitigation Framework, depending on its institutional structure.
- It can range from being a Sector-Specific Polycentric Risk Mitigation Framework to being a Comprehensive Polycentric Risk Mitigation Framework, depending on its risk domain coverage.
- It can range from being a Voluntary Polycentric Risk Mitigation Framework to being a Mandatory Polycentric Risk Mitigation Framework, depending on its enforcement mechanism.
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- Examples:
- Environmental Polycentric Risk Mitigation Frameworks, such as:
- Security Polycentric Risk Mitigation Frameworks, such as:
- ...
- Counter-Examples:
- Centralized Risk Command System, which uses hierarchical control.
- Unilateral Risk Response, which lacks coordination mechanism.
- World Government Risk Management, which requires sovereignty transfer.
- See: Elinor Ostrom, Common Pool Resource Management, Unity-With-Guardrails, Existential Risk Centralization Mechanism, Safety-Justified Technocratic Regime, Global Governance Philosophy, Subsidiarity Principle.