market risk levels are too great. Hazard warnings policies often can address informational failures. Some market failures may … be exacerbated by government policies, particularly those embodying conservative risk assessment practices. Labor market … estimates of the value of statistical life provide a useful reference point for the efficient risk tradeoffs for government …

officials failed to identify the risk to humans, created tremendous uncertainty regarding the human risks once they were … identified, and undertook a series of policies that undermined public trust. In contrast, the mad cow disease risk never became a …, however, does not imply that the U.S. risk management approach was a success. Until recently, there was no systematic …

associated with workers' wage-fatality risk tradeoffs indicates that smokers have higher rates of time preference with respect to …

the effect on smoking of the most diverse set of risk measures ever considered: lung cancer, relative lung cancer risks …, lung disease, heart disease, relative heart disease risks, lost life expectancy to smokers, and various risk measures for …

Survey evidence for the Spanish population indicates that perceptions of lung cancer risk and life expectancy loss due … lung cancer risk for smokers, the perceived risk of lung disease for smokers, the heart disease risk for smokers, and the … relative heart disease risk for smokers, all of which indicate substantial risk perceptions. Risk beliefs are particularly high …

at the time of purchase. The other major test that courts apply to design defects, the risk-utility test, is also not … well defined. The several factors of the risk-utility test are difficult for courts to apply consistently and permit courts … test, a defendant is liable if consumers expected such a product to reduce a particular risk, and the product in fact …

apply and, given that belief, are willing to pay more to limit the risk. However, the expressed willingness to pay for risk … reductions is inordinately high even for those who are unsure of whether they are even exposed to the risk …