IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Analyse quantitative de la réversibilité du stockage des déchets nucléaires : valorisation des déchets

Listed author(s):
  • Christian Gollier
  • Jean-Guy Devezeaux de Lavergne

[eng] Quantitative Analysis of the Reversibility of Nuclear Waste Storage : Waste Reutilisation by Jean-Guy Devezeaux and Christian Gollier The reversibility of nuclear waste storage can be justified on various economic grounds, including the eventuality that future generations may wish to recover this waste in order to reutilise it. Real options theory is used to cost this option. By including the value of this option in the cost/ benefit analysis, it is possible to determine what present generations should spend to organise this reversibility. Taking current values of the materials contained in the waste, and taking into account the low growth trend of such values, we show that the reversibility value of a waste storage site is derisory. Key-words : nuclearwaste, reversibility value, real option. JEL Classification : [fre] La réversibilité du stockage des déchets nucléaires peut se justifier par différents arguments économiques, dont celui de l''éventualité d''un désir des générations futures de récupérer ces déchets pour les valoriser. On utilise la théorie des options réelles pour estimer la valeur de cette option. En introduisant cette valeur d''option dans l''analyse coût-bénéfice, on est en situation de pouvoir déterminer ce que les générations actuelles devraient dépenser pour organiser cette réversibilité. Au niveau actuel des valeurs des matières contenues dans les déchets, et compte tenu du faible trend de croissance de ces valeurs, nous montrons que la valeur de réversibilité du site de stockage des déchets est dérisoire. Mots-clés : déchets nucléaires, valeur de réversibilité, option réelle. Classification JEL :

If 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.

File URL:
Download Restriction: no

File URL:
Download Restriction: no

Article provided by Programme National Persée in its journal Économie & prévision.

Volume (Year): 149 (2001)
Issue (Month): 3 ()
Pages: 1-13

in new window

Handle: RePEc:prs:ecoprv:ecop_0249-4744_2001_num_149_3_6288
Note: DOI:10.3406/ecop.2001.6288
Contact details of provider: Web page:

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.:

in new window

  1. Louberge, Henri & Villeneuve, Stephane & Chesney, Marc, 2002. "Long-term risk management of nuclear waste: a real options approach," Journal of Economic Dynamics and Control, Elsevier, vol. 27(1), pages 157-180, November.
  2. Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," The Quarterly Journal of Economics, Oxford University Press, vol. 88(2), pages 312-319.
  3. Henry, Claude, 1974. "Investment Decisions Under Uncertainty: The "Irreversibility Effect."," American Economic Review, American Economic Association, vol. 64(6), pages 1006-1012, December.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:prs:ecoprv:ecop_0249-4744_2001_num_149_3_6288. See general 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: (Equipe PERSEE)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.