SUBSIDY TO NUCLEAR POWER THROUGH PRICE-ANDERSON LIABILITY LIMIT: COMMENT |
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| Authors: | ANTHONY G. HEYES CATHERINE LISTON-HEYES |
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| Affiliation: | Senior Lecturer in Economics, University of London, U.K., Phone 01784-443907, Fax 01784-439854 E-Mail;Lecturer in Correspondence, School of Management, Royal Holloway College Phone 01784-443785, Fax 01784-439854 E-Mail |
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| 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. |
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