Efficient Regulation of Environmental Health Risks
提出一个决策框架，用于监管环境健康风险，考虑污染物扩散和毒理影响的不确定性以及行为限制。分析表明，不确定性增加会提高对平均绩效的重视，更危险或更难控制的风险会被更严格监管，而对不确定性的厌恶可能导致平均绩效下降。还开发了评估生命损失风险的替代方法。
This paper introduces a decision framework for regulating environmental health risks which incorporates the characteristic uncertainty about the dissemination and toxicological impacts of environmental contaminants and the behavioral restrictions commonly encountered. Analysis indicates that increases in uncontrollable uncertainty will increase emphasis on average performance, that more potent or less controllable risks will be regulated more stringently and that increasing aversion to uncertainty may result in poorer average performance. The paper also develops an alternative measure for valuing risk of loss of life taking into account uncertainty about health risk generation processes.