An Economic Analysis of Severe Industrial Hazards
and Acknowledgments Apparently almost every other month severe industrial hazards invade our living rooms, be it in terms of an ex post report or in terms of an alarming scenario, be it in a remote corner of the world or just in front of our doorstep. Although the invasion of our living rooms is mos...
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| Format: | eBook |
| Language: | English |
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Heidelberg
Physica-Verlag HD
1993, 1993
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| Edition: | 1st ed. 1993 |
| Series: | Microeconomic Studies
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| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- Nomenclature
- Nomenclature
- A: A General Model of aversion Against Severe Industrial Hazards
- I. ‘Unlikeliness’ of Physical Risks
- II. ‘Catastrophiness’ of Physical Risks
- III. Likeliness vs. Catastrophiness of Physical Risks
- IV. A Liability Insurer’s Risk Evaluation
- B: A Micro-Economic Analysis of Measures Against Severe Industrial Hazards
- I. Risk Evaluation for a ‘Reference Model’ of Industrial Hazards
- II. Aggregation of Individual Risk/Consumption Preference Patterns
- III. Aggregate Risk-Reduction Cost
- IV. Optimal Provision of Physical Safety
- V. Market Solutions, Failures and Corrections
- Conclusion
- References