We use parents' decisions to treat their children's body burdens of lead to infer parental ex ante willingness to pay for reduced burdens. Willingness to pay is estimated with a data set containing 256 observations: the data were originally gathered to assess the impact of children's bodylead...

We use estimates of parents' discount rate, inferred from their decisions to treat their children's body burdens of lead, to test empirically a model of transmission of cognitive skills from parents to children. The development of a child's cognitive skills depends in part upon the specific...