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"Individual risk" currently plays a major role in risk assessment and in the regulatory practices of the health and … safety agencies that employ risk assessment, such as EPA, FDA, OSHA, NRC, CPSC, and others. Risk assessors use the term … "population risk" to mean the number of deaths caused by some hazard. By contrast, "individual risk" is the incremental …
Persistent link: https://www.econbiz.de/10005459206
by experts in risk assessment? If regulators cannot eliminate public fears through education, then there is some social … them as endogenous variables. I use this framework to evaluate risk regulations in terms of economic efficiency and suggest … the risk assessment requirements in the Agreement on Sanitary and Phytosanitary Measures, may represent a reasonable …
Persistent link: https://www.econbiz.de/10005459209
terms of control and income rights. Important factors are (limited) liability, risk-bearing costs, transaction costs, and …
Persistent link: https://www.econbiz.de/10005460442
's desire to tilt, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the …
Persistent link: https://www.econbiz.de/10005464598
This paper analyzes the most common regularities of daily stock returns time series in the Spanish Energy Market from an empirical point of view. As they are a powerful tool, we fit a selection of developments of Autoregressive Conditional Heteroscedastic (ARCH) processes to the series in order...
Persistent link: https://www.econbiz.de/10005464641
There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as … that female fund managers tend to behave as expected from gender studies: they are more risk averse and shy away from …
Persistent link: https://www.econbiz.de/10005464782
This paper examines the cross-fertilizations of random utility models with the study of decision making under risk and … addressing risk and ambiguity in individual choice contexts are to understand the decision choice process, and to use behavioral …
Persistent link: https://www.econbiz.de/10005523801
Farming systems research for wet-season non-rice upland crops in Cambodia is being conducted with the overall aim of poverty reduction and food security for farmers in the Provinces of Battambang and Kampong Cham. Some of these cash crops exhibit low and variable incomes, especially when grown...
Persistent link: https://www.econbiz.de/10005525296
Because each Federal agency uses a different valuation method to estimate the costs of illness, it is difficult to compare programs across agencies. As a first step toward generating a consensus on the current state of knowledge and deciding on a common approach, several agencies planned this...
Persistent link: https://www.econbiz.de/10005525686
Producer revenue is simultaneously simulated for several hundred county-specific representative farms. The effects of current and alternative commodity programs are analyzed. In particular, two variations of revenue-triggered programs similar to plans proposed by the National Corn Growers...
Persistent link: https://www.econbiz.de/10005525704