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Incentives for Loss Prevention Instead of Disaster Management by the State in the Case of Catastrophic Risks

  • Walter R. Stahel
Chapter
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Part of the Advances in Natural and Technological Hazards Research book series (NTHR, volume 16)

Abstract

It has been proven by François Ewald that we have gradually developed into an “insurance” society over the centuries (Ewald, 1989):
  • The 19th century was greatly influenced by the ideas of social security in the work place;

  • The 20th century is characterised by the development of risk-management, which, being based on the theories of risk-minimisation and loss prevention, has been strongly influenced by areas of technology, followed by investment and finally the appraisal of technological consequences;

  • Ewald established the theory that the 21st century would be greatly influenced by the use of the “precautionary principle”

Keywords

Precautionary Principle Nuclear Power Station Liability Insurance Loss Prevention Technological Catastrophe 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media Dordrecht 2000

Authors and Affiliations

  • Walter R. Stahel
    • 1
  1. 1.The Geneva AssociationGenevaSwitzerland

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