3 ms·
Impact = Risk * Probability Occurrence. If the fine is high enough (risk) , but probability low, people will not do the thing because of the impact on them.
by wallst07 5mo ago
Impact = Risk * Probability Occurrence.
If the fine is high enough (risk) , but probability low, people will not do the thing because of the impact on them.
- bluecheese452 5mo agoThis is not true. People are not ev maximizing bots.