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Now showing items 41-44 of 44
Wading Through the Muddle of Risk-Utility Analysis
(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 ...
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. ...
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 ...