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Registros recuperados: 49 | |
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Gerard, Mondello. |
This paper analyzes the difficulties of comparing the respective effectiveness of two among the most important liability regimes in tort law: rule of negligence and strict liability. Starting from the standard Shavellian unilateral accident scheme, I show that matching up liability regime on their capacity to provide the highest level of safety is ineffective. This demonstration lies on two components. The first one gathers some results drawn from literature that introduces uncertainty. The second one takes into consideration the beliefs of agents and their aversion to ambiguity. The model applies uncertainty to the level of maximum damage. This demonstration reinforces the previous result. Hence, both regimes apply on specific tort question and comparing... |
Tipo: Working Paper |
Palavras-chave: Strict Liability; Negligence Rule; Ambiguity Theory; Uncertainty; Accident Model; Risk and Uncertainty; K0; K32; Q01; Q58. |
Ano: 2012 |
URL: http://purl.umn.edu/121910 |
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Krupnick, Alan J.; Farrell, Deirdre. |
EPA appears likely to tighten the ambient ozone standard, even as many areas of the country are having great difficulties meeting the current standard. This paper offers an analysis of potential regulatory, administrative, and legislative initiatives for reducing the costs of meeting ozone standards. The detailed analysis of these initiatives is organized into six steps: (i) acknowledge mistakes and adapt to new knowledge; (ii) rehabilitate EPA's Title I Program; (iii) build on the best ideas; (iv) clarify and change the Clean Air Act; (v) educate the public; and (vi) fund research. EPA can go a long way to make its programs more efficient and effective without changes in the Clean Air Act; indeed, a number of its current initiatives show promise. But it... |
Tipo: Working or Discussion Paper |
Palavras-chave: Ambient ozone standards; Policy; Economic analysis; Environmental Economics and Policy; Q28; K32. |
Ano: 1996 |
URL: http://purl.umn.edu/10752 |
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Alberini, Anna; Scasny, Milan. |
The Value of a Statistical Life is a key input into the calculation of the benefits of environmental policies that save lives. To date, the VSL used in environmental policy analyses has not been adjusted for age or the cause of death. Air pollution regulations, however, are linked to reductions in the risk of dying for cancer, heart disease, and respiratory illnesses, raising the question whether a single VSL should be applied for all of these causes of death. We conducted a conjoint choice experiment survey in Milan, Italy, to investigate this question. We find that the VSL increases with dread, exposure, the respondents’ assessments of the baseline risks, and experience with the specific risks being studied. The VSL is higher when the risk reduction is... |
Tipo: Working or Discussion Paper |
Palavras-chave: VSL; Conjoint Choice Experiments; Mortality Risk Reductions; Cost-benefit Analysis; Forced Choice Questions; Research Methods/ Statistical Methods; I18; J17; K32; Q51. |
Ano: 2010 |
URL: http://purl.umn.edu/98097 |
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Keohane, Nathaniel O.; Revesz, Richard L.; Stavins, Robert N.. |
In the realm of environmental policy instrument choice, there is great divergence between the recommendations of normative economic theory and positive political reality. Four gaps stand out. First, despite the advantages of market-based policy instruments, they have been used to a minor degree, compared with conventional, command-and-control instruments. Second, pollution-control standards have typically been much more stringent for new than for existing sources, despite the inefficiency of this approach. Third, in the few instances in which market-based instruments have been adopted, they have nearly always taken the form of grandfathered tradeable permits, rather than auctioned permits or pollution taxes, despite the advantages in some situations of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; L51; H11; P16; K32; Q28. |
Ano: 1997 |
URL: http://purl.umn.edu/10759 |
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Boyd, James. |
Financial responsibility rules are an increasingly common form of environmental regulation. Currently, the operators of landfills, underground petroleum storage tanks, offshore rigs, and oil tankers must demonstrate the existence of adequate levels of capital as a precondition to the legal operation of their businesses. Environmental financial responsibility ensures that firms possess the resources to compensate society for pollution costs created in the course of business operations. In addition to providing a source of funds for victim compensation and pollution remediation, financial responsibility is thought to motivate better decision-making, particularly regarding the management of long-term risks. This article describes both the promise of financial... |
Tipo: Working or Discussion Paper |
Palavras-chave: Financial responsibility; Environmental liability; Waste disposal; Environmental Economics and Policy; Q28; L51; K32. |
Ano: 1996 |
URL: http://purl.umn.edu/10592 |
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Henson, Spencer J.; Caswell, Julie A.; Cranfield, John A.L.; Fazil, Aamir; Davidson, Valerie J.; Anders, Sven M.; Schmidt, Claudia. |
To lower the incidence of human food-borne disease, experts and stakeholders have urged the development of a science- and risk-based management system in which food-borne hazards are analyzed and prioritized. A literature review shows that most approaches to risk prioritization developed to date are based on measures of health outcomes and do not systematically account for other factors that may be important to decision making. The Multi-Factorial Risk Prioritization Framework developed here considers four factors that may be important to risk managers: public health, consumer risk perceptions and acceptance, market-level impacts, and social sensitivity. The framework is based on the systematic organization and analysis of data on these multiple factors.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Risk analysis; Risk prioritization; Food-borne pathogens; Benefits and costs; Food Consumption/Nutrition/Food Safety; I18; L51; Q00; K32; H11. |
Ano: 2007 |
URL: http://purl.umn.edu/7385 |
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Guignet, Dennis; Alberini, Anna. |
Policy has increasingly shifted towards economic incentives and liability attenuation for promoting cleanup and redevelopment of contaminated sites, but little is known about the effectiveness of such policies. An example of such legislation is State Voluntary Cleanup Programs (VCPs), which were established in the US in the 1990s and to date have been implemented in almost every state. We examine Baltimore properties that participated in the Maryland VCP from its inception in 1997 to the end of 2006. Specifically, we examine what type of properties tend to participate in these programs, how these properties compare to other eligible but non-participating sites, and what is the redevelopment potential of VCP properties and implications towards open space... |
Tipo: Working or Discussion Paper |
Palavras-chave: Brownfields; Contaminated Sites; Voluntary Cleanup Programs; Incentives; Environmental Economics and Policy; R14; Q58; K32. |
Ano: 2008 |
URL: http://purl.umn.edu/46548 |
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Yoder, Jonathan K.. |
Prescribed fire is a useful but risky method for reducing general wildfire risk and improving wildlife habitat, biodiversity, timber growth, and agricultural forage. In the past the fifteen years, laws is some states have been adopted to support the use of prescribed fire. This article examines the effect of liability law and common regulations on the incidence and severity of escaped prescribed fires in the United States from 1970 to 2002. Regression results show that stringent statutory liability law and regulation tends to reduce the number and severity of escaped prescribed fires on private land, but not on federal land where state liability law does not directly apply. |
Tipo: Working or Discussion Paper |
Palavras-chave: Endogenous risk; Prescribed fire economics; Liability law; Resource /Energy Economics and Policy; K32; Q2. |
Ano: 2005 |
URL: http://purl.umn.edu/12964 |
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Registros recuperados: 49 | |
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