This paper analyzes the potential implications, in terms of net social costs and distribution of risks and abatement costs, of a policy to address the problem of air toxics “hot spots.” The policy we analyze involves regulation of air toxics sources at increasingly finer spatial resolutions....

This paper analyzes whether regulating "hot spots" of toxic air pollution by increasing the spatial resolution of regulation could address environmental justice (EJ) concerns. To examine this question, this paper develops a decision model of a regulator choosing emission controls within a net...