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) in NT disputes. The purpose of this paper is to examine the role of this burden for trade liberalization and for the … environment, in a situation where imports may cause environmental damage. The paper finds that there may be a tension between NT … and environmental concerns, but that this is not likely to arise in the context of severe threats to the environment. In …
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Environmental risks may comprise the most important policy-related application of the economics of risk and uncertainty. Many biases in risk assessment and regulation, such as the conservatism bias in risk assessment and the stringent regulation of synthetic chemicals, reflect a form of...
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What explains private investment in autocracies, where institutions that discourage expropriation in democracies are … parties promote investment by solving collective-action problems among a designated group, who invest with the expectation … that the autocrat will not attempt their expropriation. We derive conditions under which autocrats want to create such …
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