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{{a|negotiation|}}It is tempting to view | {{a|negotiation|}}It is tempting to view “risk” as a single, integrated, unitary thing that manifests evenly as a function of the ''value'' at stake, and about which complexity and volume of the surrounding legal endeavours — “[[verbiage]]”, to our friends in [[sales]] — are but a second-order derivative of that value. | ||
But we don’t think that is quite right. | But this is to confer upon our learned friends a “best-of” option. The bigger the value, the more room for ''[[eaglery]]''.<ref>This is, of course, another way of articulating {{buchstein}}’s [[Special theory of Parkinson’s Law|special theory of Parkinson’s Law]].</ref> | ||
But we don’t think that is quite right. Different contracts ask us to take different kinds of risk along the [[airbag - steering-wheel continuum]]. | |||
=====Economic risks: airbags and life-rafts ===== | =====Economic risks: airbags and life-rafts ===== |