Judd, Bruce R.; Weissenberger, Stein - In: Management Science 28 (1982) 3, pp. 289-302
The regulatory decision on how safe a safeguarded nuclear facility should be depends on a trade-off between diversion risk and the cost of reducing that risk. Given that one plans to build the plant, the optimum level of safeguards is achieved when the cost of further risk reduction exceeds the...