Proponents of environmental policies based on liability assert that strict liability imposed on polluters induces firms to handle hazardous wastes properly. We examine unintended pollution releases, relating them to the liability imposed on polluters by state mini-Superfund laws. We find that...

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They are an important economic resource, and a source of food products, recreation, species habitat, and watershed protection, among many other services. Forests also may store large quantities of carbon. The threat of climate change therefore provides new impetus for forest management, in the...

Introduction -- 1. The Value of Information in Index Insurance for Farmers in Africa -- Commentary -- 2. The Value of Information in a Risk Management Approach to Climate Change -- Commentary -- 3. Understanding the Value of Business Information -- Commentary -- 4. Valuing the Potential Impacts...