This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The Avian Flu Disease: A Case of Precautionary Failure

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Marcello Basili ()
Mauriziop Franzini ()

Additional information is available for the following registered author(s):

Abstract

The Precautionary Principle has been proposed as the proper behaviour to adopt in the face of the new catastrophic risks that have made their appearance in the last decades. We advance a workable definition of the Precautionary Principle and apply it to the possible outbreak among humans of the avian flu disease. We make use of a Principle-Agent model and show in which sense such outbreak can be considered a “Precautionary failure”.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. 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.

File URL: http://www.econ-pol.unisi.it/quaderni/454.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 454.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: Jul 2005
Date of revision:
Handle: RePEc:usi:wpaper:454

Contact details of provider:
Postal: Piazza S.Francesco,7 - 53100 Siena
Phone: (39)(0577)298645
Fax: (39)(0577)298661
Email:
Web page: http://www.econ-pol.unisi.it/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Fabrizio Becatti).

Related research
Keywords: ambiguity; avian flu; precautionary principle; multiple priors;

Find related papers by JEL classification:
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
K32 - Law and Economics - - Other Substantive Areas of Law - - - Environmental, Health, and Safety Law

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Timothy O'Riordan & Andrew Jordan, 1995. "The Precautionary Principle in Contemporary Environmental Politics," Environmental Values, White Horse Press, vol. 4(3), pages 191-212, August. [Downloadable!] (restricted)
  2. Hart, Oliver & Moore, John, 1999. "Foundations of Incomplete Contracts," Review of Economic Studies, Blackwell Publishing, vol. 66(1), pages 115-38, January. [Downloadable!] (restricted)
    Other versions:
  3. Gollier, Christian & Treich, Nicolas, 2003. " Decision-Making under Scientific Uncertainty: The Economics of the Precautionary Principle," Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 77-103, August. [Downloadable!] (restricted)
  4. Basili, Marcello, 1998. "Quasi-option value and hard uncertainty," Environment and Development Economics, Cambridge University Press, vol. 3(04), pages 417-423, October. [Downloadable!]
  5. Grossman, Sanford J & Hart, Oliver D, 1983. "An Analysis of the Principal-Agent Problem," Econometrica, Econometric Society, vol. 51(1), pages 7-45, January. [Downloadable!] (restricted)
    Other versions:
  6. Hart, Oliver D & Moore, John, 1988. "Incomplete Contracts and Renegotiation," Econometrica, Econometric Society, vol. 56(4), pages 755-85, July. [Downloadable!] (restricted)
    Other versions:
  7. Claude Henry & Marc Henry, 2002. "Formalization and applications of the Precautionary Principle," Working Papers hal-00243001_v1, HAL. [Downloadable!]
    Other versions:
  8. Ghirardato, Paolo & Maccheroni, Fabio & Marinacci, Massimo, 2004. "Differentiating ambiguity and ambiguity attitude," Journal of Economic Theory, Elsevier, vol. 118(2), pages 133-173, October. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? You can use convenient plug-ins to search directly IDEAS from your browser.

This page was last updated on 2009-12-1.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.