Stockage des déchets radioactifs et incertitude

Alain Ayong Le Kama () and Mouez Fodha

Economie & Prévision, 2009, vol. n° 190-191, issue 4, 39-52

Abstract: This paper examines optimal radioactive-waste burial policy under an uncertainty : the possibility that an accident mightoccur in the future. The framework is an optimal growth model with pollution disutility. We show that nuclear power maybe a long-term solution for world energy demand. Nevertheless, under uncertainty, the social planner will decide to reducethe waste-burial rate, but the changes in consumption levels?and hence in buried-waste levels?are ambiguous. Dependingon the economy?s balanced growth rate and the preference parameters, the optimal amount of buried waste may increasedespite the risk of a future accident.

Keywords: nuclear waste; pollution; growth; uncertainty (search for similar items in EconPapers)
Date: 2009
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Journal Article: Stockage des déchets radioactifs et incertitude (2009)
Working Paper: Stockage des déchets radioactifs et incertitude (2009)
Working Paper: Stockage des déchets radioactifs et incertitude (2009)
Working Paper: Stockage des déchets radioactifs et incertitude (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:cai:ecoldc:ecop_190_0039

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