I don’t think of it this way. I think the conventional producers were acting to maximize expected profits at the cost of increased volatility in outcomes. Most years these practices have been more profitable.
Conventional producers have been working to contain things like this for year. They don't all succeed, but this isn't the first time eggs have got expensive because of a bird flu, and they have been paying attention to what works. They don't remodel all barns at once to fix the issues, but they have been remodeling barns over the years to prevent this issue.
> Conventional producers have been working to contain things like this for years.
Sure. My point is, what optimizes for average production and profits doesn't necessarily optimize for worst case production and profits. There is a level of care that doesn't pay off most of the time.
