Viscusi, W. Kip; Gayer, Ted - In: Handbook of environmental economics : volume 2, Valuing …, (pp. 1029-1103). 2005
emphasis on ex ante measurements of individuals' willingness to pay for risk reductions. We present the underlying theory, the … focus is on the practices that U.S. regulatory agencies use for assessing cancer risk, although we also provide a brief … risk reductions. Once we have established the economic framework of efficient regulatory policies, we then provide an …