Re:A container ship lost a record 1,800 containers
by eru on Tuesday December 08, 2020 @02:24AM
(#25342784)
> Decisions of whether or not to ditch a block of unstable containers are made with 0 interference from commercial interests.
Or rather, the commercial interest operates in the long run and influences the mechanisms through which decisions are made.
The concepts of eg general average or making the captain's word final were developed very much in correspondence to commercial necessity.
In some sense your analogy to a doctor is apt. Individual medical decisions might not look much at costs, but the system as a whole ignores costs at its own peril.
Or rather, the commercial interest operates in the long run and influences the mechanisms through which decisions are made.
The concepts of eg general average or making the captain's word final were developed very much in correspondence to commercial necessity.
In some sense your analogy to a doctor is apt. Individual medical decisions might not look much at costs, but the system as a whole ignores costs at its own peril.