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Decision-making in High-Risk Projects [electronic resource] / by Akio Torii.

By: Contributor(s): Material type: TextPublisher: Singapore : Springer Nature Singapore : Imprint: Springer, 2024Edition: 1st ed. 2024Description: XI, 108 p. 11 illus. online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9789819730568
Subject(s):
Additional physical formats: Printed edition:: No title; Printed edition:: No title; Printed edition:: No titleLOC classification:
  • HB846.8
Online resources:
Contents:
Introduction -- Decision making problems in risky projects -- Literature Review -- Model Construction -- Incentive to Acquire a Precursor -- Incentive to Continue the Research Trial -- Confidentiality of Observed Precursor -- Conclusion.
In: Springer Nature eBookSummary: This book identifies and systematically confirms the various factors that allow dangerous nuclear power projects to proceed without adequate risk assessment, even as society recognizes the magnitude of risks associated with nuclear power generation. For the first time, it employs a communication game model to explore each factor individually. The novel feature of the book lies in its theoretical analysis of institutional factors, such as the possibility of regulatory capture by electric power companies, the likelihood of these companies concealing early warning signs, the societal demand for excessive safety leading to intolerance of even minor incidents, and the ambiguity of liability. These issues have been pointed out and discussed by many commentators, including the media, but they have never been rigorously verified through economic model analysis. Furthermore, the book discusses why trial and error, a common approach in technological development, is particularly challenging for nuclear power.
Item type: List(s) this item appears in: Titluri cărți electronice Springer Nature 2025 (10631 titluri)
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Introduction -- Decision making problems in risky projects -- Literature Review -- Model Construction -- Incentive to Acquire a Precursor -- Incentive to Continue the Research Trial -- Confidentiality of Observed Precursor -- Conclusion.

This book identifies and systematically confirms the various factors that allow dangerous nuclear power projects to proceed without adequate risk assessment, even as society recognizes the magnitude of risks associated with nuclear power generation. For the first time, it employs a communication game model to explore each factor individually. The novel feature of the book lies in its theoretical analysis of institutional factors, such as the possibility of regulatory capture by electric power companies, the likelihood of these companies concealing early warning signs, the societal demand for excessive safety leading to intolerance of even minor incidents, and the ambiguity of liability. These issues have been pointed out and discussed by many commentators, including the media, but they have never been rigorously verified through economic model analysis. Furthermore, the book discusses why trial and error, a common approach in technological development, is particularly challenging for nuclear power.

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