This paper argues that an increased application of quasi-experimental and experimental techniques will improve understanding about core environmental economics questions. This argument is supported by a review of the limitations of associational evidence in assessing causal hypotheses. The paper...

This chapter provides an overview of the current methodology for assessing environmental health risks. Our primary focus is on the practices that U.S. regulatory agencies use for assessing cancer risk, although we also provide a brief comparison to the methodology used in Western Europe. We then...

This paper presents a model of vehicle choice and then empirically examines the risk posed by light trucks (sport-utility vehicles, vans, and pickups) to those that drive them and to other drivers, relative to the risk posed by cars. The paper examines both the relative risk of dying given a...

The recent wave of enacted and proposed U.S. energy regulations imposes energy efficiency standards on light bulbs, appliances, and motor vehicles based on the unsupported assumption that consumers and firms are irrational and that energy efficiency should be the paramount concern. The...