In this paper, we investigate the dynamics of informational regulatory approaches by analyzing the impact of smog alerts issued on consecutive days on discretionary outdoor activities in Southern California. Short-run adjustments t o transitory risk entail costs that are likely to influence the...

This paper assesses whether individuals change their transportation choices in response to 'Spare the Air' (STA) advisories, a public voluntary information program in the San Francisco Bay Area that elicits reductions in ozone-producing activities. Since STAs are issued when ozone levels are...

Poverty and altered planning horizons brought on by the HIV/AIDS epidemic can change individual discount rates, altering incentives to conserve natural resources. Using longitudinal household survey data from Western Kenya, we estimate the effects of health status on investments in soil quality,...