The catastrophic accident at the Fukushima Daiichi Nuclear Power Plant on March 11, 2011, revealed unexpected safety risks of nuclear energy once again. It also accelerated the decline of nuclear energy in the international energy sector: Nuclear energy’s share of global electricity generation...

This paper analyzes how policy changes affect shareholder wealth in the context of environmental regulation. We exploit the unique and unexpected German reaction to the Fukushima Daiichi nuclear disaster, which involved the immediate shutdown of almost half of Germany's nuclear reactors while...

e choice between establishing a regional nuclear regime and maintaining an ambiguous nuclear status among the second tier or would-be nuclear powers is at the heart of debates about global security in the aftermath of the Cold War era.' The study of nuclear postures of regional powers (beyond...