IDEAS home Printed from https://ideas.repec.org/a/bpj/apjrin/v7y2012i1p1-20n2.html
   My bibliography  Save this article

Statistical Review of Nuclear Power Accidents

Author

Listed:
  • Hofert Marius

    (ETH Zurich)

  • Wüthrich Mario V.

    (ETH Zurich)

Abstract

A statistical analysis which provides a risk assessment of nuclear safety based on historical data is conducted. Classical probabilistic models from risk theory are used to analyze data on nuclear power accidents from 1952 to 2011. Findings are that the severities of nuclear power accidents should be modeled with an infinite mean model and, thus, cannot be insured by an unlimited cover.

Suggested Citation

  • Hofert Marius & Wüthrich Mario V., 2012. "Statistical Review of Nuclear Power Accidents," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 7(1), pages 1-20, December.
    • Handle: RePEc:bpj:apjrin:v:7:y:2012:i:1:p:1-20:n:2
    DOI: 10.1515/2153-3792.1157
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/2153-3792.1157
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/2153-3792.1157?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ibragimov, Rustam & Jaffee, Dwight & Walden, Johan, 2011. "Diversification disasters," Journal of Financial Economics, Elsevier, vol. 99(2), pages 333-348, February.
    2. Sovacool, Benjamin K., 2008. "The costs of failure: A preliminary assessment of major energy accidents, 1907-2007," Energy Policy, Elsevier, vol. 36(5), pages 1802-1820, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hofert Marius & Memartoluie Amir & Saunders David & Wirjanto Tony, 2017. "Improved algorithms for computing worst Value-at-Risk," Statistics & Risk Modeling, De Gruyter, vol. 34(1-2), pages 13-31, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Raffestin, Louis, 2014. "Diversification and systemic risk," Journal of Banking & Finance, Elsevier, vol. 46(C), pages 85-106.
    2. Schaeck, K. & Silva Buston, C.F. & Wagner, W.B., 2013. "The Two Faces of Interbank Correlation," Discussion Paper 2013-077, Tilburg University, Center for Economic Research.
    3. Laleh Tafakori & Armin Pourkhanali & Riccardo Rastelli, 2022. "Measuring systemic risk and contagion in the European financial network," Empirical Economics, Springer, vol. 63(1), pages 345-389, July.
    4. Siler-Evans, Kyle & Hanson, Alex & Sunday, Cecily & Leonard, Nathan & Tumminello, Michele, 2014. "Analysis of pipeline accidents in the United States from 1968 to 2009," International Journal of Critical Infrastructure Protection, Elsevier, vol. 7(4), pages 257-269.
    5. Chen, Zhimin & Ibragimov, Rustam, 2019. "One country, two systems? The heavy-tailedness of Chinese A- and H- share markets," Emerging Markets Review, Elsevier, vol. 38(C), pages 115-141.
    6. Fricke, Daniel & Roukny, Tarik, 2020. "Generalists and specialists in the credit market," Journal of Banking & Finance, Elsevier, vol. 112(C).
    7. Hong, Sanghyun & Bradshaw, Corey J.A. & Brook, Barry W., 2014. "South Korean energy scenarios show how nuclear power can reduce future energy and environmental costs," Energy Policy, Elsevier, vol. 74(C), pages 569-578.
    8. Carine Dominguez-Péry & Lakshmi Narasimha Raju Vuddaraju & Isabelle Corbett-Etchevers & Rana Tassabehji, 2021. "Reducing maritime accidents in ships by tackling human error: a bibliometric review and research agenda," Journal of Shipping and Trade, Springer, vol. 6(1), pages 1-32, December.
    9. Spyros Alogoskoufis & Sam Langfield, 2020. "Regulating the Doom Loop," International Journal of Central Banking, International Journal of Central Banking, vol. 16(4), pages 251-292, September.
    10. Berdin, Elia & Sottocornola, Matteo, 2015. "Insurance activities and systemic risk," SAFE Working Paper Series 121, Leibniz Institute for Financial Research SAFE.
    11. De Jonghe, Olivier & Diepstraten, Maaike & Schepens, Glenn, 2015. "Banks’ size, scope and systemic risk: What role for conflicts of interest?," Journal of Banking & Finance, Elsevier, vol. 61(S1), pages 3-13.
    12. Sonia Dissem, 2019. "Asset commonality of European banks," Journal of Banking Regulation, Palgrave Macmillan, vol. 20(1), pages 1-33, March.
    13. Balli, Faruk & Basher, Syed Abul & Balli, Hatice Ozer, 2013. "International income risk-sharing and the global financial crisis of 2008–2009," Journal of Banking & Finance, Elsevier, vol. 37(7), pages 2303-2313.
    14. Kumar, Yogesh & Ringenberg, Jordan & Depuru, Soma Shekara & Devabhaktuni, Vijay K. & Lee, Jin Woo & Nikolaidis, Efstratios & Andersen, Brett & Afjeh, Abdollah, 2016. "Wind energy: Trends and enabling technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 209-224.
    15. Derviz, Alexis, 2014. "Collateral composition, diversification risk, and systemically important merchant banks," Journal of Financial Stability, Elsevier, vol. 14(C), pages 23-34.
    16. Carlos León, 2020. "Banks in Colombia: How Homogeneous Are They?," Revista de Economía del Rosario, Universidad del Rosario, vol. 23(2), pages 1-32, December.
    17. Paolo Tasca & Stefano Battiston, "undated". "Diversification and Financial Stability," Working Papers CCSS-11-001, ETH Zurich, Chair of Systems Design.
    18. Walter Distaso & Rustam Ibragimov & Alexander Semenov & Anton Skrobotov, 2020. "COVID-19: Tail Risk and Predictive Regressions," Papers 2009.02486, arXiv.org, revised Oct 2021.
    19. Sovacool, Benjamin K. & Walter, Götz, 2018. "Major hydropower states, sustainable development, and energy security: Insights from a preliminary cross-comparative assessment," Energy, Elsevier, vol. 142(C), pages 1074-1082.
    20. Fiala, Tomas & Havranek, Tomas, 2017. "The sources of contagion risk in a banking sector with foreign ownership," Economic Modelling, Elsevier, vol. 60(C), pages 108-121.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:apjrin:v:7:y:2012:i:1:p:1-20:n:2. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.