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Workers' compensation and injury duration: evidence from a natural experiment

Article Abstract:

The effect of workers' compensation on incentives was analyzed by examining data from increases in benefit levels given in Kentucky and Michigan. The attitudes of workers injured before benefit levels were increased and of those who were injured after the increases were compared. Higher benefit levels may lessened workers incentives to avoid injuries and increase incentives to file for compensation. It was discovered that the elasticities for time out of work ranged from 0.3 to 0.4 to those eligible for higher benefits.

Author: Meyer, Bruce D., Viscusi, W. Kip, Durbin, David L.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
Incentives (Business), Workers' compensation

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Carcinogen regulation: Risk characteristics and the synthetic risk bias

Article Abstract:

Government regulatory agencies have expressed greater concern over risk exposure parameters than the number of people under exposure. Thus, policies are often formulated in an attempt to prevent or control an adverse outcome with minimal consideration for the number of people affected. This imbalance is reflected in the country's regulations on carcinogens. It is shown that the chemical properties of a synthetic or natural substance exhibited a greater role in regulatory decisions than risk levels.

Author: Viscusi, W. Kip
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
Risk factors (Health), Medical policy, Health policy, Carcinogens

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Are risk regulators rational? Evidence from hazardous waste cleanup decisions

Article Abstract:

A study was conducted on the factors that determine state regulators' efficiency in making decisions regarding waste disposal sites. Results showed that regulators' choice of risk targets are highly influenced by the risk-perception biases among regulators and the political nature of the community that bears the risk. The unfavorable attitudes of the residents of the community towards cleaning up hazardous waste sites drives effective decisions away.

Author: Viscusi, W. Kip, Hamilton, James T.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1999
Waste Management and Remediation Services, Pollution Control, Sanitary Services, Economic aspects, United States. Environmental Protection Agency, Environmental protection

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Subjects list: Research, Laws, regulations and rules
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