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SUBSIDY TO NUCLEAR POWER THROUGH PRICE‐ANDERSON LIABILITY LIMIT: COMMENT

Anthony Heyes and Catherine Liston‐heyes

Contemporary Economic Policy, 1998, vol. 16, issue 1, 122-124

Abstract: Dubin and Rothwell (1990) use details of insurance premiums to develop a methodology for inferring the value to nuclear operators of the Price‐Anderson liability limit from but misinterpret the terms of the insurance contracts for which the premiums are paid. This leads them to overstate the subsidy due to the limit by a factor of between four and ten.

Date: 1998
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