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The Systems Theory of Accident Causation Views Any Situation in Which

question 16

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The systems theory of accident causation views any situation in which an accident might occur as a system with one component.


Definitions:

Paradox Of Voting

The situation in which the cost of voting (in terms of time, effort) does not seem to be justified by the influence of one vote, yet people still vote.

Appropriations Bill

Legislation passed by a legislative body that provides funding for specific government agencies, departments, or purposes.

Regulatory Capture Effect

A situation where regulatory agencies are dominated by the industries or interests they are charged with regulating, leading to favorable policies for the regulated entities.

Principal-Agent Problem

A situation in which there is a conflict of interest between a principal (such as an owner) and an agent (such as a manager), because the agent may not act in the best interest of the principal.

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