>>12357069>>12357069>>12357076>>12357082>>12357134>>12357143Government typically don't insure their payload.
The reasoning is that if the insurance company is doing its job correctly, they earn money, which means that for you, the expected value of insuring something is negative.
Why do we still insure stuff then?
1) people don't necessarily reason rationally
2) It's still a good idea if there are risks that are too big for you to absorb. For example, if you have 1000€ and there is a 0.1% risk you lose 2000€.
If that happen, not only you lose your money, but potentially you default on everything else, lose your home, your job, etc. (I'm exaggerating but you see the idea). In that case, it's probably a good idea to pay 3€ to avoid this risk, even if the expected loss is bigger than the one calculated without insurance. That's why car insurance (the kind protecting you from financial damage you do to other) is mandatory in most of the world.
Governments are not in the case 1) and not in the case 2) either.
Not that insuring would change a lot of things for the scientists anyway.
