Ale, B.J.M. (author), Hartford, Des N.D. (author), Slater, David H. (author) The assumption that risk, represented as an expected value of the loss could be implied to be a measure of safety, in a cost benefit analysis, is firmly entrenched in economic risk analysis. However, this does not mean that without a marker, the value of a loss, can be established with any necessary level of certainty to make such a cost...
journal article 2021