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Vanderbilt University Law School

Environmental risk

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Articles 1 - 2 of 2

Full-Text Articles in Law

Superfund And Real Risks, W. Kip Viscusi, James T. Hamilton Jan 1994

Superfund And Real Risks, W. Kip Viscusi, James T. Hamilton

Vanderbilt Law School Faculty Publications

An analysis of the Superfund program represents the first systematic effort to document the character of the risks addressed by this legislation, which will in turn determine the total cleanup cost and the degree to which Superfund addresses environmental risks. This analysis is examined.


Sources Of Inconsistency In Societal Responses To Health Risks, W. Kip Viscusi Jan 1990

Sources Of Inconsistency In Societal Responses To Health Risks, W. Kip Viscusi

Vanderbilt Law School Faculty Publications

Society has until recently devoted insufficient attention to the long-run environmental problems that we face, including acid rain and the greenhouse effect. Our inaction with respect to these risks can hardly be characterized as a rational response or an overreaction to risk. There are three possible explanations of such diverse phenomena. First, one could simply dismiss this behavior as being the result of inconsistent and irrational behavior. Second, one could devise ad hoc explanations of why individuals underreact in some instances and overreact in others. A third possibility is to reconcile this seemingly inconsistent behavior with a consistent theoretical framework ...