In this paper, we investigate both the market reaction soon after the accident and the market reaction when the Nuclear Damage Liability Facilitation Fund Act was passed and signed into law. TEPCO, the damaged electric power company's stock price lost the largest consecutively for direct damage...

The preferences expressed in voting on nuclear reactor licenses and the risk perceptions of citizens provide insights into social costs of nuclear power and decision making in energy policy. We show analytically that these costs consist of disutility caused by unnecessary anxiety - due to...

Major nuclear accidents as recently in Fukushima set nuclear power plant security at the top of the public agenda. Using data of the German Socio-Economic Panel we analyze the effects of the Fukushima accident and a subsequent government decision on nuclear power phase-out on several measures of...

This report outlines international efforts to strengthen nuclear regulation, safety, research and radiological protection in the post-Fukushima context. It also highlights key messages and lessons learnt, notably as related to assurance of safety, shared responsibilities, human and...

The March 11, 2011 tragedy at the Fukushima Daiichi power station in Japan immediately etched its place in history as arguably the most noteworthy of the three nuclear energy disasters to date. This Article surveys the response to Fukushima both in Japan and worldwide. It observes that rather...

Statistical analysis provides a risk assessment of nuclear safety based on historical data. We use classical probabilistic models from risk theory to analyze data on nuclear power accidents from 1952 to 2011. Findings are that the severities of nuclear power accidents should be modeled with an...

On March 11, 2011, the strongest ever recorded in Japan earthquake occurred which triggered a powerful tsunami and caused a nuclear accident in Fukushima nuclear plant. The latter was a “manmade” disaster having immense impacts on people’s life, health, and property, infrastructure, supply...

The Chernobyl accident, which occurred on 26 April 1986, presented major challenges to the European Community with respect to the practical and regulatory aspects of radiation protection, public information, trade, particularly in food, and international politics. The Chernobyl accident was also...