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Pré-publication, Document de travail Année : 2021

SPLITTING NUCLEAR PARKS OR NOT? THE THIRD PARTY LIABILITY ROLE

Résumé

Starting from the standard analysis of accident theory, this paper shows that determining the first-best level of care of ultra-hazardous activities also involves determining the best industrial structure. The analysis assesses the impact of the civil nuclear liability on the organization of given electro-nuclear parks. The object is to know whether these liability rules induce horizontally concentrating the management of nuclear industry or not. In a model extended from two to n plants, we show that the institutional conditions (cap on the operator’s liability and the insurance compensation) play a fundamental role in the inducement to centralize or not this management. Hence, a priori, no organization framework is more efficient than the other one.
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Dates et versions

halshs-03502601, version 1 (26-12-2021)

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  • HAL Id : halshs-03502601 , version 1

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Gérard Mondello. SPLITTING NUCLEAR PARKS OR NOT? THE THIRD PARTY LIABILITY ROLE. 2021. ⟨halshs-03502601⟩

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