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Now showing items 11-20 of 44
Human Health Risk Assessments for Superfund
(Ecology Law Quarterly, 1994)
The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) is scheduled for reauthorization in the spring of 1995, and Congress must decide either to continue the Superfund program in its current ...
What Juries Can't Do Well: The Jury's Performance as a Risk Manager
(Arizona Law Review, 1998)
Can juries handle complex cases? One way to frame this question in behavioral science terms is to ask: What tasks can juries perform well and what tasks will they perform poorly? Our basic precept is that the legal system ...
Regulating the Regulators
(University of Chicago Law Review, 1996)
Since the 1970s, there has been a tremendous growth in government regulation pertaining to risk and the environment. These efforts have emerged quite legitimately because market processes alone cannot fully address ...
Effectiveness of the EPA's Regulatory Enforcement: The Case of Industrial Effluent Standards
(Journal of Law and Economics, 1990)
The EPA water pollution regulations-the focus of this study represent an interesting departure from past patterns of regulatory failure. First, the nature of the regulations-discharge limits-relates directly to the policy ...
Superfund and Real Risks
(The American Enterprise, 1994)
An analysis of the Superfund program represents the first systematic effort to document the character of the risks addressed by this legislation, which will in turn determine the total cleanup cost and the degree to which ...
Are Risk Regulators Rational? Evidence from Hazardous Waste Cleanup Decisions
(The American Economic Review, 1999)
Using original data on the cleanup of 130 hazardous waste sites, we examine the degree Superfund decisions are driven by efficiency concerns, biases in risk perceptions, and political factors. Target risk levels chosen by ...
The Value of Risks to Life and Health
(Journal of Economic Literature, 1993)
The 1980s marked the first decade in which use of estimates of the value of life based on risk tradeoffs became widespread throughout the Federal government. Previously, agencies assessed only the lost present value of the ...
Cigarette Warnings: The Perils of the Cipollone Decision
(Supreme Court Economic Review, 1993)
In Cipollone v Liggett Group, Inc., a splintered Court concluded that cigarette smokers who are injured through their consumption of tobacco may bring some state law tort claims against the manufacturers of the cigarettes. ...
Product Liability, Research and Development, and Innovation
(The Journal of Political Economy, 1993)
Product liability ideally should promote efficient levels of product
safety, but misdirected liability efforts may depress beneficial innovations.
This paper examines these competing effects of liability
costs on product ...
Why There is No Defense of Punitive Damages
(The Georgetown Law Journal, 1998)
My analysis of punitive damages in environmental and products liability cases concludes that these awards impose substantial costs on society, and that abolishing punitive damages would improve social welfare. The two ...