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Mathematical Problems in Engineering
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Mathematical Problems in Engineering
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2020
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Article
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Tab 2
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Research Article
[Retracted] Safety Investment Decision Problem without Probability Distribution: A Robust Optimization Approach
Table 2
Classification of safety investment decision-making and effects.
Case
Investment
Accident
Effects
Investment result
Yes
No
Yes
No
Loss
Opportunity cost
1
√
√
2
√
√
√
3
√
√
√
Sufficient
4
√
√
√
Overinvestment
5
√
√
√
Underinvestment