Browsing Law School by Subject "Risk assessment"

Now showing items 1-8 of 8

    • Carcinogen Regulation: Risk Characteristics and the Synthetic Risk Bias 
      Viscusi, W. Kip (AEA Papers and Proceedings, 1995)
      In this paper, I will explore the decision to regulate natural and synthetic chemicals. To what extent are regulatory decisions driven by the severity of the risk as opposed to the character of the risk exposure? The ...
    • Discounting Dilemmas: Editors' Introduction 
      Viscusi, W. Kip; Zeckhauser, Richard (Journal of Risk and Uncertaintyhttp://www.springer.com.proxy.library.vanderbilt.edu/economics/economic+theory/journal/11166, 2008)
      Two developments pose dilemmas for well established discounting techniques: (1) The extremely long time horizons associated with recently prominent environmental policy problems, such as climate change and nuclear waste ...
    • Does Product Liability Make Us Safer? 
      Viscusi, W. Kip (Regulation, 2012)
      Product liability law is intended to create an environment that fosters safer products. However, this law often has adverse consequences. Some of the problems stem from the inherent nature of product risk decisions and the ...
    • Equivalent Frames of Reference for Judging Risk Regulation Policies 
      Viscusi, W. Kip (N.Y.U. Environmental Law Journal, 1994)
      Although the design of risk regulations has not yet attained what might be termed the economist's ideal of maximizing the difference between benefits and costs, substantial progress has been made in the design of regulatory ...
    • Private Values of Risk Tradeoffs at Superfund Sites: Housing Market Evidence on Learning About Risk 
      Viscusi, W. Kip; Gayer, Ted, 1970-; Hamilton, James, 1961- (The Review of Economics and Statistics, 2000)
      This paper incorporates a Bayesian learning model into a hedonic framework to estimate the value that residents place on avoiding cancer risks from hazardous-waste sites. We show that residents are willing to pay to avoid ...
    • Reference-Dependent Valuations of Risk: Why Willingness-to-Accept Exceeds Willingness-to-Pay 
      Viscusi, W. Kip; Huber, Joel (Journal of Risk and Uncertaintyhttp://www.springer.com.proxy.library.vanderbilt.edu/economics/economic+theory/journal/11166, 2011)
      The gap between willingness-to-pay (WTP) and willingness-to-accept (WTA) benefit values typifies situations in which reference points — and direction of movement from reference points — are consequential. Why WTA-WTP ...
    • Using Warnings to Extend the Boundaries of Consumer Sovereignty 
      Viscusi, W. Kip (Harvard Journal of Law & Public Policy, 1999)
      We make decisions every day for which we may not have full information. Not all such decisions lead to negative consequences, however. For example, scientists still know very little about why aspirin has its beneficial ...
    • Wading Through the Muddle of Risk-Utility Analysis 
      Viscusi, W. Kip (American University Law Review, 1990)
      The original emphasis of risk-utility analysis on the need for balanced decisions with respect to product liability is a correct and fundamental principle. Moreover, many traditional factors that have been considered ...