3 ms·
I think what is missed here is the perceived function curve of deaths avoided vs spending. For most of those programs, people think things are more or less line
by chkaloon 4y ago
I think what is missed here is the perceived function curve of deaths avoided vs spending. For most of those programs, people think things are more or less linear - the more you spend, the better things get, smoothly. Easy to find an equilibrium.
For nuclear, it is perceived to be more of a step function - you decrease spending until something bad happens, and then it is REALLY bad. So the tendency is to spend to stay as far away from that step as possible.
- 7952 4y agoI think that approach could be explained by the inherent difficulty in modelling risk for complex systems.