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The Paradox of Precaution

Author

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  • Pauline Barrieu
  • Bernard Sinclair-Desgagné

Abstract

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Suggested Citation

  • Pauline Barrieu & Bernard Sinclair-Desgagné, 2003. "The Paradox of Precaution," CIRANO Working Papers 2003s-63, CIRANO.
    • Handle: RePEc:cir:cirwor:2003s-63
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    File URL: https://cirano.qc.ca/files/publications/2003s-63.pdf
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    References listed on IDEAS

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    1. Kurz, Mordecai, 1994. "On the Structure and Diversity of Rational Beliefs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(6), pages 877-900, October.
    2. Jonathan B. Wiener & Michael D. Rogers, 2002. "Comparing precaution in the United States and Europe," Journal of Risk Research, Taylor & Francis Journals, vol. 5(4), pages 317-349, October.
    3. Alister Scott & Andy Stirling & Nick Mabey & Frans Berkhout & Chris Williams & Chris Rose & Michael Jacobs & Robin Grove-White & Ian Scoones & Melissa Leach, 1999. "Precautionary approach to risk assessment," Nature, Nature, vol. 402(6760), pages 348-348, November.
    4. Gollier, Christian & Jullien, Bruno & Treich, Nicolas, 2000. "Scientific progress and irreversibility: an economic interpretation of the 'Precautionary Principle'," Journal of Public Economics, Elsevier, vol. 75(2), pages 229-253, February.
    5. Claude HENRY & Marc HENRY, 2002. "Formalization and Applications of the Precuationary Principle," LIDAM Discussion Papers IRES 2002009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    6. Giovanni Immordino, 2003. "Looking for a Guide to Protect the Environment: The Development of the Precautionary Principle," Journal of Economic Surveys, Wiley Blackwell, vol. 17(5), pages 629-644, December.
    7. Robert A. Pollak, 1995. "Regulating Risks," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 179-191, March.
    8. Christian Gollier, 2001. "Should we beware of the Precautionary Principle?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 16(33), pages 302-327.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Nabil I. Al-Najjar, 2015. "A Bayesian Framework for the Precautionary Principle," The Journal of Legal Studies, University of Chicago Press, vol. 44(S2), pages 337-365.
    2. Randall, Alan, 2009. "We Already Have Risk Management - Do We Really Need the Precautionary Principle?," International Review of Environmental and Resource Economics, now publishers, vol. 3(1), pages 39-74, August.

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    More about this item

    Keywords

    Environmental and health risks; science-based regulation; scientific uncertainty; Precautionary Principle; Risques à la santé humaine et à l'environnement; réglementation basée sur la science; incertitude scientifique; principe de précaution;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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