Abstract

The purpose of this research is to investigate safety management issues in relation to competition, using a game theoretical model. It seems that competition is a key factor in characterising the decision-making process as to whether safety management should be conducted. Therefore, in this research, the following two questions are considered. The first question is whether a relationship between competition and safety management exists because the reality of this link remains an open question. As a corollary, we investigate how the level of competition affects the conduct of safety management if such a relationship does exist. The second question involves identifying the types of conditions required to realise the outcome in which all firms conduct safety management.

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