Insurance regarding radical uncertainty: approaches in France and in Germany for sewage sludge land spreading
AbstractUp to now, economic literature regarding the product safety has studied foreseeable risks that are known by producers. However, the literature has not analysed which liability rule and insurance schemes are efficient for radical uncertainty. This paper addresses this topic through insurance schemes in France and Germany for sewage sludge spreading. Section 1 gives an overview of economic literature regarding product safety and liability, and stresses the lack of research on radical uncertainty. Section 2 examines the content of the French and German guarantee funds. Both funds have been constituted by a contribution of sewage sludge producers. Section 3 examines to what extent the strict liability rule is efficient. If radical uncertainty has been dealt with a contribution of each sewage sludge producer, compensation is however limited. Moreover, strategic uncertainty (food industry bans of sewage sludge) and different levels of sewage sludge quality are not considered by these funds.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Agricultural Resources, Governance and Ecology.
Volume (Year): 6 (2007)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.inderscience.com/browse/index.php?journalID=1
sewage sludge; guarantee funds; radical uncertainty; development risk; France; Germany; product safety; liability; insurance; environmental protection; voluntary approach.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley).
If references are entirely missing, you can add them using this form.