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create a risk for the environment. Moreover, we suggest that a joint use of liability and regulation should more frequently …In this paper, we argue that the joint use of ex-ante regulation and ex-post liability rules is efficient when there …
Persistent link: https://www.econbiz.de/10011668290
This is a substantially revised, refocused, and updated version of an earlier draft paper, exploring the significant role Cost-Benefit Analysis (CBA) plays in facilitating or impeding legislative and regulatory policy decisions. The paper centers around three case studies of CBAs EPA prepared...
Persistent link: https://www.econbiz.de/10013113617
In Massachusetts v. EPA, the Supreme Court upheld Massachusetts' standing to challenge EPA's refusal to regulate greenhouse gas emissions from mobile sources. The majority and dissent disputed whether the science of global warming was sufficient to establish standing. Absent from both opinions...
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to in the regulation of transgenic plants for nearly a decade, no customary expectation of what actions either requires … suggests a way to rethink the regulation of transgenic plants that focuses on genuine uncertainty. Transgenic plants with … known to pose heightened risk …
Persistent link: https://www.econbiz.de/10014061213
under which OB more than offsets the direct policy effect, shows that stronger risk aversion increases the relative size of …
Persistent link: https://www.econbiz.de/10012716978
people at risk are poor or rich; and whether to value people’s altruistic preferences about others. In some cases—as where … agencies have adopted income-blind methods for valuing mortality risk, so that risks to the rich and the poor are treated the … pervasive risk of people killing and harming their loved ones, the implications of current practice are particularly disturbing …
Persistent link: https://www.econbiz.de/10013313752
The Enron scandal has raised questions regarding the adequacy of the present system of financial disclosure. At the same time, public policies increasingly use information disclosure as a regulatory device in a variety of areas beyond financial reporting. This paper provides a framework for...
Persistent link: https://www.econbiz.de/10014033709