The problem of prevention

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working_paper_um_cee_2011_11.pdf
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Editor
Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía
Fecha
2011
Extensión
26 p.
Resumen
Many disasters are foreshadowed by insu¢ cient preventive care. In this paper, we argue that there is a true problem of prevention , in that insu¢ cient care is often the result of rational calculations on the part of agents. We identify two factors that lead to dubious e§orts in care. First, when objective risks of a disaster are poorly understood, positive experiences may lead to an underestimation of these risks and a corresponding underinvestment in prevention. Second, redundancies designed for safety may lead agents to reduce their care, resulting in a decrease in safety under certain conditions. We also analyze the use of checklists in accident prevention.
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Documento de trabajo
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Abierto
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Documentos de trabajo del Departamento de Economía; UM_CEE_2011_11
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Attribution-NonCommercial-NoDerivatives 4.0 Internacional
Excepto si se señala otra cosa, la licencia del ítem se describe como Attribution-NonCommercial-NoDerivatives 4.0 Internacional