Compensating wages for workplace fatality and accident risks are used to infer the value of a statistical life (VSL), which in turn is used to assess the benefits of human health and safety regulations. The estimation of these wage differentials, however, has been plagued by measurement error...

Energy and environmental regulations often result in the generation of unforeseen marketable by-products that can reduce costs of compliance. This research evaluates a unique case in which the marketability of by-products produces positive external benefits. Specifically, this paper focuses on...