Economics and law

[Charles Brown <cbrown@xxxxxxxxxxxxxxxxx>]

by Kenneth Campbell

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Calculate the number of deaths resulting from, say, a space heater (P)
and multiply that by the average out of court settlement (P). If those
estimated losses from defective products are less than the cost of
removing those deaths through product improvement (B), then do not make
those improvements

^^^^^^
CB: Another infamous case of this was the exploding Pinto of Ford.