This paper analyzes the factors influencing safety investment decisions by the government
and enterprises from an opportunity cost perspective, which consists of shortage cost due to …

A sequential game model is built to analyze the interaction between the government's effort
in safety regulation and the company's safety effort based on the case in China. An …

Governmental safety regulatory functions play an important role in preventing major
accidents by incorporating lessons from both the investigation of major accidents and the …

Problem: Governments and businesses must respond to increasing safety requirements and
balance the associated costs with productivity and competing pressures. Method: A real …

We consider a basic model in economic safety analysis: a firm is willing to invest an amount
x in safety measures to avoid an accident A, which in the case of occurrence, leads to a loss …

Due to the COVID-19 pandemic in 2020, the trade-off between economics and epidemic
prevention (safety) has become painfully clear worldwide. This situation thus highlights the …

Senior managers face a number of challenges in safety area, eg, to what extent it should be
invested in safety programs. This study aims at determining the effectiveness of safety cost …

As the theoretical foundation of safety science, accident causation models provide a
theoretical framework of accident analysis and prevention. Accident causation theories and …

In this article we discuss the hypothesis that safety and accident risk is in general not
adequately incorporated into the economic planning and decision processes. Our starting …

Safety in the construction industry, as well as in the infrastructure sector, has always been a
key issue. One out of six fatal accidents at work occurs in a construction site. Therefore …