Valuing nuclear energy risk: Evidence from the impact of the Fukushima crisis on U.S. house prices.Tanaka, Shinsuke.
Behavioral economics suggests that individuals overweight recent unexpected and/or rare events when updating beliefs. This study investigates the effect of such an event, the Fukushima nuclear crisis in 2011, on the learning process of a local environmental risk by evaluating how perceptions of the risk of a nuclear accident are capitalized into house prices near nuclear power plants (NPPs) in the... read more
- Fukushima Nuclear Disaster, Japan, 2011.
- Nuclear energy--Risk assessment.
- Economics--Psychological aspects.
- Environmental risk assessment.
- Tufts University. Department of Economics.
- Fletcher School of Law and Diplomacy.
- Permanent URL
- Original publication
- S. Tanaka and J. Zabel, "Valuing nuclear energy risk: Evidence from the impact of the Fukushima crisis on U.S. house prices," Journal of Environmental Economics and Management, vol. 88, pp. 411-426, Mar. 2018. doi: 10.1016/j.jeem.2017.12.005.