The spectacle of the disastrous attempts to build a new generation of nuclear reactor - the European Pressurised Reactors (EPRs) - and EDF's apparent desire to carry on despite the increasing likelihood that the financial losses from this will destroy EDF as a going business (see my earlier blog posts on this) raise the question: If this is true, then why do they carry on with this apparent financial suicide? The answer can be analysed through something well known in political science: rational...