To prevent or to innovate? Towards a new approach in the public management of technological risks

Prévention ou innovation ? Vers une nouvelle définition de la gestion publique des risques technologiques

Julien Jacob ()
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Julien Jacob: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique

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Abstract: This essay aims at reviewing the contributions of the economic analysis of civil liability to the issue of public management of technological risks. Academics have mainly studied how civil liability can provide optimal incentives to control the level of risk. However, the role of technological change and innovation has been neglected. Innovation enables to improve the efficiency of risk prevention on the long run: to provide optimal incentives for such activities is highly important for an optimal regulation on a long-term perspective. In the late 2000s, Alfred Endres began to analyze how innovation alters the optimal setting of civil liability in a context of pollution control. In this essay, we show the relevance of such an approach in a context of risk regulation, and we highlight how the regulation of risky activities has to be distinguished from the regulation of polluting activities.

Keywords: Technological risks; Civil liability; Prevention; Innovation; Risques technologiques; Responsabilité civile; Prévention (search for similar items in EconPapers)
Date: 2016
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Published in Revue d'économie politique, 2016, 126 (4), pp.499 - 534. ⟨10.3917/redp.264.0499⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01723784

DOI: 10.3917/redp.264.0499

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