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Discounting Dilemmas: Editors' Introduction
(Journal of Risk and Uncertainty, 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 ...
Survey Mode Effects on Valuation of Environmental Goods
(International Journal of Environmental Research and Public Health, 2011)
This article evaluates the effect of the choice of survey recruitment mode on the value of water quality in lakes, rivers, and streams. Four different modes are compared:bringing respondents to one central location after ...
Voter Preferences and State Regulation of Smoking
(2015-12-17)
Voters' preferences for smoking restrictions in restaurants, bars, malls, indoor sporting events, and hospitals are consistent with state-level restrictions on smoking in each of these public areas. This analysis is based ...
Value of a Statistical Life: Relative Position vs. Relative Age
(American Economic Review, 2005)
This paper examines the influence on estimates of the value of statistical life (VSL) of the worker's relative position in the wage distribution and relative position in the life cycle. Whereas past work on relative position ...
Judicial Review of Agency Benefit-Cost Analysis
(George Mason Law Review, 2015)
This Article evaluates judicial review of agency benefit-cost analysis ("BCA") by examining a substantial sample of thirty-eight judicial decisions on agency actions that implicate BCA. Essentially, the Administrative ...
The Structure and Enforcement of Job Safety Regulation
(Law & Contemporary Problems, 1986)
For more than a decade, the Occupational Safety and Health
Administration (OSHA) has been regulating the technology and work
practices of employers. This governmental function is relatively new and is
quite different ...
Cleaning Up Superfund
(The Public Interest, 1996)
The cleanup of hazardous wastes is the number one environmental concern of the American people. The government's response: the Environmental Protection Agency (EPA) launched its Superfund program, which was established by ...
Product and Occupational Liability
(Journal of Economic Perspectives, 1991)
Litigation over product liability has escalated because of shifting liability standards, and the role of workers' compensation has increased both because of the changing injury mix and the provision of more generous benefit ...
Moral Hazard and Merit Rating Over Time: An Analysis of Optimal Intertemporal Wage Structures
(Southern Economic Journal, 1986)
In situations of uncertain worker productivity and risk aversion, labor market contracts have a dual objective of promoting incentives and risk spreading. A trade-off between these objectives is present in single period ...
Law and Economics as a Pillar of Legal Education
(Review of Law and Economics, 2012)
This paper reports the distribution of doctoral degrees in economics and in other fields among faculty at the 26 highest ranked law schools. Almost one-third of professors at the top 13 law schools have a Ph.D. degree, ...