Showing 131 - 140 of 588
We use a panel dataset of UK workers to look for evidence of compensating wage differentials for workplace risk. Risk data are available at the four-digit industry level or at the three-digit occupation level. We discuss various econometric problems associated with the hedonic wage approach,...
Persistent link: https://www.econbiz.de/10009445252
Transportation authorities have consistently failed to employ economic incentives on major roadways--i.e. time-of-day pricing or "congestion fees"--to internalize the costs of congestion. In principle at least, such tolls can easily be shown to increase social welfare by making motorists pay...
Persistent link: https://www.econbiz.de/10009445459
We analyze factors in states' decisions to switch their approaches to hazardous waste liability policy from negligence standards to policies based on strict liability. Many, but not all, states have switched in recent years. We explain differences in the timing of states' adoption of strict...
Persistent link: https://www.econbiz.de/10009445469
This paper explores the issue of whether strict liability imposed on polluters has served to reduce uncontrolled releases of toxics into the environment. Strict liability should create additional incentives for firms to handle hazardous substances more carefully, thus reducing the future...
Persistent link: https://www.econbiz.de/10009445489
Proponents of environmental policies based on liability assert that strict liability imposed on the polluter will induce firms to handle hazardous wastes properly and to avoid disposing them into the environment. Economic theory and a few well-publicized cases, however, suggest that a number of...
Persistent link: https://www.econbiz.de/10009445527
Most benefit-cost analyses of reductions in air pollutants and other pollutants carrying mortality risks rely on estimates of the value of reductions in such risks produced by compensating wage studies, or contingent valuation studies that value risk reductions in the context of transport or...
Persistent link: https://www.econbiz.de/10009446257
Ground level ozone remains a serious problem in the United States. Because ozone non-attainment is a summer problem, episodic rather than continuous controls of ozone precursors are possible. We evaluate the costs and effectiveness of an episodic scheme that requires people to buy permits in...
Persistent link: https://www.econbiz.de/10010272390
What is the value of hazardous weather warnings? To answer this question, we focus on the avalanche bulletin for Switzerland issued by the WSL Institute for Snow and Avalanche Research (SLF). We take a survey-based, non-market valuation approach to estimating the value of hypothetical...
Persistent link: https://www.econbiz.de/10010272394
We report on the results of a survey based on conjoint choice experiments that was specifically designed to investigate the effect of context on the Value of a Statistical Life (VSL), an important input into the calculation of the mortality benefits of environmental policies that reduce...
Persistent link: https://www.econbiz.de/10010272406
Guerriero and Cairns (2009) recently estimate that contaminated sites and improper waste management result in 848 excess deaths per year in the provinces of Naples and Caserta in Southern Italy, 403 of which are fatal cancers. In the absence of estimates of the Value of a Prevented Fatality...
Persistent link: https://www.econbiz.de/10010272415