Economics of Safety Aviation

First, review the presentation “Economics of Safety.”
Do you agree or disagree with the position of the author? Why?
Do the ideas expressed apply only to aviation mishaps? Or, do they apply to other types of mishaps/accidents as well?
Other that property damage, what are some of the other ‘indirect’ costs of accidents that you have observed?

Book used in class is System Safety for the 21st Century by Richard A. Stephans

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