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| Author: | Rogers, M. Sinden, J. Lacy, T. de |
| Title: | The precautionary principle for environmental management: a defensive-expenditure application (ev970154) |
| Journal: | Journal of Environmental Management
1997 : DEC, VOL. 51:4, p. 343-360 |
| Index terms: | ENVIRONMENTAL ECONOMICS MANAGEMENT ECONOMICS |
| Language: | eng |
| Abstract: | The precautionary principle has emerged in response to the need for an effective method for dealing with risks and uncertainties in environmental management. In essence, the principle requires action to prevent serious and irreversible damage even before harm can be scientifically demonstrated or economically assessed. Proponents argue that the Principle should be applied in situations where both the probability and value of irreversible damage are unknown. |
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