03060nam a22005295i 4500 978-981-97-3056-8 DE-He213 20251030112612.0 cr nn 008mamaa 240703s2024 si | s |||| 0|eng d 9789819730568 978-981-97-3056-8 10.1007/978-981-97-3056-8 doi HB846.8 KCP bicssc POL023000 bisacsh KCP thema Torii, Akio. author. aut http://id.loc.gov/vocabulary/relators/aut 80011 Decision-making in High-Risk Projects [electronic resource] / by Akio Torii. 1st ed. 2024. Singapore : Springer Nature Singapore : Imprint: Springer, 2024. XI, 108 p. 11 illus. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda 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. Economics. 58354 Social choice. 70816 Industrial policy. 69808 Game theory. Public Choice and Political Economy. 70817 Regulation and Industrial Policy. 69809 Game Theory. SpringerLink (Online service) Springer Nature eBook Printed edition: 9789819730551 Printed edition: 9789819730575 Printed edition: 9789819730582 https://doi.org/10.1007/978-981-97-3056-8 ZDB-2-ECF ZDB-2-SXEF 61330 61330