The Geneva Papers on Risk and Insurance (2001) 26, 334–345. doi:10.1111/1468-0440.00119

What is the Economic Meaning of the Precautionary Principle?

Nicolas Treich1,*

1Leerna-Inra, University of Toulouse, France. E-mail: ntreich@toulouse.inra.fr

*This work is part of an common research developed with Christian Gollier at Toulouse. An earlier version of the text has benefited from the comments of Bruno Rolland and Iska Rabeendran. However the author alone is responsible for the viewpoint expressed here.

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