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Economic Impacts Of Noxious Facilities: Incorporating The Effects Of Risk Aversion, Leslie A. Nieves

RISK: Health, Safety & Environment (1990-2002)

The author suggests an integrative approach for projecting economic impacts of facilities that elicit public Risk aversion. She incorporates both economic stimulus effects and perception-based effects of facilities on the host area economy. Empirical findings are compared and an impact estimation framework is suggested for integrating psychometric and econometric techniques.