Aldy, Joseph E.; Kip Viscusi, W. - In: Handbook of the economics of risk and uncertainty : volume 1, (pp. 601-649). 2014
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 … from warnings and risk information, such as Toxics Release Inventory data, consistent with Bayesian models. The fundamental …