Rational Behaviour, Risk Aversion High Stakes For Society

Free registration required

Executive Summary

In this paper, the term "Lack of safety" is often used with reference to the management of risks arising from intentionally malicious acts3. The costs of security in this sense of the term are an element of every transport budget today. In addition to the costs of prevention, surveillance and forecasting, the costs of the potential damages arising from such acts will also have to be taken into consideration from this point onwards. The events of 11 September 2001, which accelerated this trend, should suffice to convince that, from now on, the consequences of such damages will be on a scale comparable to the costs of war.

  • Format: PDF
  • Size: 315.8 KB