Production, safety, fighting, and risk
Original version
Hausken, K. (2011) ‘Production, safety, fighting, and risk’, International Journal of Business Continuity and Risk Management, Vol. 2, No. 4, pp.324-329 10.1504/IJBCRM.2011.044406Abstract
Two agents make a trade off between production and safety investment, fighting for joint production. Ceteris paribus, if agent 1 has a higher unit cost of production, lower emphasis on safety causes more fighting and higher utility for agent 1, and less production and safety effort by agent 1.
Description
The article was originally published as : Hausken, K. (2011)
‘Production, safety, fighting, and risk’, Int. J. Business Continuity and Risk
Management, Vol. 2, No. 4, pp.324–329. Made available here with permission from Inderscience.