Environmental Economics

Analysis of Economic Benefits of Improved Information

This report offers important new evidence on how people process information about risk and how they make choices under uncertainty. Drawing on work in a variety of disciplines - economics, decision science, marketing, and psychology - as well as on extensive original survey data, the authors take a close look at one type of risk information: the labeling of hazardous products and chemicals. They use the word labeling to mean all the tangible ways in which information is transmitted, including not merely warnings on bottles and cans but also leaflets and brochures, signs in the workplace, and store displays.

  • Keywords

    Subject:
    1. Benefits Analysis
    4. Economic Incentives and Other Innovative Approaches
    1. Benefits Analysis - Risk Communication and Other
    4. Economic Incentives and Other Innovative Approaches - Information Approaches
    Environmental Media:
    d. Chemicals
    d. Chemicals - Pesticides
    Authors:
    Viscusi, W. Kip
    Magat, Wesley A.
    EPA Project Officer/ Manager:
    McGartland, Albert
    Geographic Area:
    Study Purpose:
    Empirical Application, Policy Evaluation
    Report Series:
    Analysis of Economic Benefits of Improved Information
    Inventory Record #: EE-0220
    List of all reports in the Series:
    1) Analysis of Economic Benefits of Improved Information: Project Period 2 Report
    You are here--> 2) Analysis of Economic Benefits of Improved Information
  • Participating Organizations

    Research Organization:

    Duke University, Fuqua School of Business, Center for the Study of Business RegulationAddress:
    City: Durham State: NC ZIP: 27706
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection Agency, Office of Policy, Planning and EvaluationAddress:
    City: Washington State: DC ZIP: 20460
    Phone: Fax:
    E-mail:
    Non-EPA Publishing Organization:
    Harvard University PressAddress:
    City: Cambridge State: MA ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    01/01/1987
    Number of Pages:
    187
    Comment: Published by an outside source.
    Grant/Contract #:
    ISBN #:
    CR811057-01
    0-674-51915-9
  • How to Obtain Report


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    Other Ways to Obtain the Report:
    You can obtain this report by contacting Harvard University Press directly at:
    , Cambridge, MA