TY - GEN
T1 - Anomaly in safety management
T2 - AHFE 2017 International Conference on Safety Management and Human Factors, 2017
AU - Murata, Atsuo
AU - Moriwaka, Makoto
PY - 2018
Y1 - 2018
N2 - Although it is clear that we must satisfy both economy and safety, we sometimes place more emphasis on economy than safety, which leads to a critical disaster or crash. The reason must be identified for the further enhancement of safety. This study explored why one cannot satisfy both economy and safety. We attempted to explain the reason using the collapse model of proper balance between safety and economy (efficiency) induced by the following cognitive biases: (i) mental accounting, (ii) loss aversion, and (iii) discount of safety. The measure or remedy of this collapse of the proper balance between safety and economy (efficiency) was proposed as (a) disclosure system, (b) commitment approach to safety, and (c) mechanism design.
AB - Although it is clear that we must satisfy both economy and safety, we sometimes place more emphasis on economy than safety, which leads to a critical disaster or crash. The reason must be identified for the further enhancement of safety. This study explored why one cannot satisfy both economy and safety. We attempted to explain the reason using the collapse model of proper balance between safety and economy (efficiency) induced by the following cognitive biases: (i) mental accounting, (ii) loss aversion, and (iii) discount of safety. The measure or remedy of this collapse of the proper balance between safety and economy (efficiency) was proposed as (a) disclosure system, (b) commitment approach to safety, and (c) mechanism design.
KW - Anomaly in safety management
KW - Discount of safety
KW - Efficiency
KW - Irrational behaviour
KW - Loss aversion
KW - Mental accounting
UR - http://www.scopus.com/inward/record.url?scp=85022205012&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85022205012&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-60525-8_6
DO - 10.1007/978-3-319-60525-8_6
M3 - Conference contribution
AN - SCOPUS:85022205012
SN - 9783319605241
VL - 604
T3 - Advances in Intelligent Systems and Computing
SP - 45
EP - 54
BT - Advances in Safety Management and Human Factors - Proceedings of the AHFE 2017 International Conference on Safety Management and Human Factors, 2017
PB - Springer Verlag
Y2 - 17 July 2017 through 21 July 2017
ER -