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Handbook of the Economics of Risk and Uncertainty
book

Handbook of the Economics of Risk and Uncertainty

by Mark Machina, W. Kip Viscusi
November 2013
Beginner content levelBeginner
896 pages
35h 10m
English
North Holland
Content preview from Handbook of the Economics of Risk and Uncertainty
Thomas J. Kniesner and John D. Leeth
584
the rate of helmet usage. In this instance, the behavioral response is not large enough
to offset the direct protection that helmets provide and the overall chance of a head
injury falls.
Viscusi and Cavallo (1996) examine consumer survey data to determine the likely
offsetting response to the introduction of child-resistant mechanisms on cigarette light-
ers. The overwhelming majority of parents would continue to exercise the same level of
care keeping the newly equipped lighters away from their children and educating them
on their dangers, but about 12 percent of the sample indicated they would reduce pr ...
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Publisher Resources

ISBN: 9780444536853