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The paper combines health risk generation and economic models to compare the efficiency of the two main types of policies to reduce worker injury from toxic substances: occupational safety regulations designed to limit exposure to toxic substances and taxes and bans that are intended to reduce...
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The paper examines the influence of factor price risk on factor-use efficiency through the adoption of conservation technology. The effect of a mean-preserving increase in factor price risk on optimal input-use efficiency is shown to be conditional on the own-price elasticity of factor use...
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The paper examines the influence of factor price risk on factor-use efficiency through the adoption of conservation technology. The effect of a mean-preserving increase in factor price risk on optimal input-use efficiency is shown to be conditional on the own-price elasticity of factor use...
Persistent link: https://www.econbiz.de/10005795934