If you are experiencing problems downloading PDF or HTML fulltext, our helpdesk recommend clearing your browser cache and trying again. If you need help in clearing your cache, please click here . Still need help? Email help@ingentaconnect.com

Understanding the Risk of an Avian Flu Pandemic: Rational Waiting or Precautionary Failure?

$48.00 plus tax (Refund Policy)

Download / Buy Article:

Abstract:

The precautionary principle (PP) has been proposed as the proper guide for the decision-making criteria to be adopted in the face of the new catastrophic risks that have arisen in the last decades. This article puts forward a workable definition of the PP based on the so-called α-maximin expected utility approach, applying it to the possible outbreak of the avian flu disease among humans. Moreover, it shows how the shortage and/or lack of effective drugs against the infection of the virus A(H5N1) among humans can be considered a precautionary failure.

Keywords: Ambiguity; avian flu; multiple priors; precautionary principle

Document Type: Research Article

DOI: http://dx.doi.org/10.1111/j.1539-6924.2006.00761.x

Affiliations: Dipartimento di Economia Pubblica, Università di Roma La Sapienza, Via Castro Laurenziano 9, Roma, Italy.

Publication date: June 1, 2006

Related content

Tools

Favourites

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more