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Now showing items 1-10 of 21
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 ...
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 ...
Informational Regulation of Consumer Health Risks: An Empirical Evaluation of Hazard Warnings
(The RAND Journal of Economics, 1986)
On the basis of data from a survey of almost 400 consumers, this article assesses whether consumer behavior is responsive to information about product hazards that is provided in response to regulation. We find that the ...
Alternative Approaches to Valuing the Health Impacts of Accidents: Liability Law and Prospective Evaluations
(Law & Contemporary Problems, 1983)
The task of valuing accidental injuries and deaths is intrinsically difficult for two reasons. First, unlike standard consumer commodities, individual health is not traded explicitly on the market. It may be traded implicitly ...
Promoting Safety Through Workers' Compensation: The Efficacy and Net Wage Costs of Injury Insurance
(The RAND Journal of Economics, 1989)
This article explores the effects of workers' compensation on fatality rates and wages using the 1982 Panel Study of Income Dynamics and the new occupational fatality data issued by the National Institute for Occupational ...
The Impact of Occupational Safety and Health Regulation, 1973-1983
(Rand Journal of Economics, 1986)
Using a sample of manufacturing industries from 1973 to 1983, this article reexamines
OSHA's impact on workplace safety. Evidence supporting OSHA's effectiveness is stronger than that presented in most previous studies ...
The Determinants of the Disposition of Product Liability Claims and Compensation for Bodily Injury
(The Journal of Legal Studies, 1986)
The frequency and severity of products liability lawsuits have become a matter of increasing importance and concern to the public at large and to American business in particular. The number of product liability cases filed ...
The Risks and Rewards of Criminal Activity: A Comprehensive Test of Criminal Deterrence
(Journal of Labor Economics, 1986)
Whereas previous analyses of criminal deterrence have focused on the effect of criminal enforcement on crime rates, this study analyzes the existence of compensating differentials for criminal pursuits. By analyzing the ...
Health and Safety
(Regulation, 1982)
My review of recent risk regulation policies necessarily starts with the new oversight group within the Office of Management and Budget (OMB), because it has been the dominant force for improvement thus far. Unfortunately, ...
Phosphates and the Environmental Free Lunch
(Regulation, 1984)
The environmental rationale for a detergent phosphate ban is straightforward enough.
Phosphates are pollutants because, ironically enough, they are biodegradable. In fact, living things thrive on them. Excessive phosphate ...