Study Plans Concerning Monetary Evaluation of Mitigation Measures for the Fukushima Daiichi Accident

Abstract The Fukushima Daiichi accident raises various kinds of social unease in Japan. Especially, unease for radioactive contamination around the Fukushima Daiichi plant is serious. Also, around the other nuclear power plants, local residents would feel unease for a similar accident in the future. Although the government and the electric power companies have already implemented or plan to implement several measures to mitigate such unease, it is difficult to progress their policies effectively because the effect of each measure is not quantitatively clarified. The purpose of our research is to evaluate these effects by analyzing fluctuations in local property values and local residents economic welfare, which are monetary indexes reflecting the social unease, to construct information that is useful to plan an optimal package of mitigation measures in each nuclear power plant site from the viewpoint of cost-benefit analysis. In this paper, we explain the immediate plans of this research and its academic and political contributions.