I cannot think of a better example of a failure to take a decision in the short run costing the taxpayer a hell of a lot more in the long run".
Observing this led Messrs Kahneman and Tversky to "prospect theory", their greatest insight.The best recent example of a failure to calculate risk is the stockmarket bubble.
Mr. Romney told voters in New Hampshire that the decision by Standard & Poor's to downgrade the nation's credit rating was the latest example of a failure of leadership in Washington.
As an example of a failure in this regard, he pointed to Zambia, whose president, Frederick Chiluba, has taken a lead in peace efforts, but recently failed to intervene after about 6,000 troops in southeastern Congo, among them a significant number of ex-Rwandan army and Interahamwe militiamen, fled into Zambia.
A second example of a failure of montonicity is the no-show paradox of Fishburn and Brams (1983), as the following example illustrates.
However, the app's publication is a high-profile example of a failure in Google's app review process, and one that raises questions about how thorough its human reviewers are with the apps they test.
Another egregious and exceedingly harmful example of a failure of peer review and editorial judgment at The Lancet was a 1998 paper by Scottish scientist Arpad Pusztai, which described feeding studies of genetically engineered and non-engineered potatoes to laboratory rats.
You may have read the recent Forbes editorial by Gene Marks, entitled "If I Were A Poor Black Kid" (hilariously, the slug reveals it was originally "If I Was"), which entered instant infamy as a textbook example of a failure to comprehend privilege, or at least failure to communicate that comprehension.
These flaws are generally originated during installation or, more frequently, during operation due to contact with another riser or the platform structure [2, 6]. Figure 3 shows an example of a failure where rupture of tensile wires occurred inside the end-fitting.
