Precaution: principles and practice in Australian environmental and natural resource management

dc.creatorPeterson, Deborah C.
dc.date2017-04-01T19:43:10Z
dc.date.accessioned2026-07-09T06:37:55Z
dc.descriptionSince the late 1980s, the concept of precaution has been incorporated into numerous international agreements and laws, as well as in domestic statutes and policies in many countries. This paper examines the international emergence of the concept and its application in Australia. Despite rapid growth in adoption of the so-called ‘precautionary principle’, the concept remains highly controversial, and its success in terms of improving environmental and natural resource management has been questioned. This paper argues that implementation guidelines are essential to ensure that precautionary decision making is consistent with good decision making principles, and to avoid unnecessary costs and the potential for perverse outcomes. Economists have an important role in contributing to these guidelines and in developing techniques for incorporating uncertainty into decision making.
dc.identifierdoi:10.22004/ag.econ.137764
dc.identifierhttps://ageconsearch.umn.edu/record/137764/files/2006_peterson.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/137764
dc.identifier.urihttp://hdl.handle.net/123456789/578915
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/137764
dc.titlePrecaution: principles and practice in Australian environmental and natural resource management
dc.typeText

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