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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
Environmental Risk and Uncertainty
617
One can apply these considerations to the recently enacted EPA warning label to
promote fuel economy and the environment. The motor-vehicle label is intended to
inform consumers at the time of purchase of the characteristics of the car. For fuel
efficiency concerns, the label provides redundant information in terms of the miles per
gallon and fuel costs for trips. This information is targeted primarily at the consumer’s
financial self-interest. The environmental information is less concrete as there are
relative ratings of performance with respect to conventional pollutants and the carbon
footprint, though ...
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Publisher Resources

ISBN: 9780444536853