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This paper describes how limited liability leads to risk-loving behaviour of nuclear power companies and on average too unsafe nuclear power plants. By reviewing current regulatory regimes, we show that this issue is not sufficiently taken care of by today's regulation. Therefore, we evaluate five regulatory instruments: (1) safety regulation, (2) minimum equity requirements, (3) mandatory insurance,...
The construction of earthquake disaster area involves a multitude of concerns, where safety considerations generally range primacy. During practical reconstruction planning, sometimes there are many schemes providing to expert, and many factors restrict the process of decision making. So this article regards the safety planning of earthquake reconstruction area as a multi-attribute group decision...
PRA (Probabilistic Risk Assessment) has been used in nuclear and other industries for a number of years. Generally, the PRA model is based on a completed or as-built design and is updated as the plant or system is modified. This provides the benefit of ensuring that the new modification or design makes the system more reliable or at least that the new “risk” is understood and acceptable. Using PRA...
Over the years, Chinese automobile industry has made lots of achievements and has become the largest auto producer and consumer markets in the world. In order to know the domestic survival environment and international competitiveness of China's auto industry, this article built an industrial safety index system of the automobile industry, which is composed of 4 first-grade indexes and 15 second-grade...
ALSTOM Transport has been a major actor in the Railway Industry for decades and has always been committed with its Clients and their National State Authorities, to deliver Railway Products and Maintenance Services with the highest standard of Railway Safety. Rail Business Actors must remain vigilant and continue to play a pro-active role to maintain the level of public safety confidence. High levels...
In order to seek out the bottlenecks in the whole Chinese banking running process, this paper, based on the risk evaluation index system (REIS) and on the risk comparison model (RCM), compared and analyzed the risk comparison of 14 Chinese banks. In accordance with the risk level, these 14 banks could be measured off into 3 categories: the first category, consisted of Huaxia Bank China Merchants Bank...
According to the policies and laws about occupational safety and health, road transportation enterprises should carry out safety production standardization. Based on modern safety management theory, risk theory and system theory, the safety problems of road transportation enterprises are analyzed through the qualitative and quantitative methods, and characters of passenger stations, road transportation...
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