Download or read book Compensation Mechanisms for Job Risks written by Michael J. Moore and published by Princeton University Press. This book was released on 2014-07-14 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major new work, Michael J. Moore and W. Kip Viscusi explore the question, "How are workers compensated for exposing themselves to the risk of physical injury while on the job?" The authors detail the diverse nature of labor market responses to job risks and the important role played by compensation-for-risk mechanisms. Following an overview of the literature, they present a number of unprecedented results. Comprehensive and systematic discussions of issues such as wage-risk tradeoffs, the effects of workers' compensation on wages and risk, the role of unions, and the role of product liability suits in job-related injuries make the volume an essential work for all those interested in risk policy and workplace safety. Among the major results presented for the first time are the first estimates of the value of life derived from recently released occupational fatality risk data from the National Traumatic Occupational Fatality Survey. From these same data the authors also demonstrate that higher workers' compensation benefit levels significantly reduce fatalities on the job--a finding that challenges virtually every other treatment of this topic. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Compensation Mechanisms for the Job Risks written by Michael J. Moore and published by . This book was released on with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exploring the Domain of Accident Law written by Donald N. Dewees and published by New York : Oxford University Press. This book was released on 1996 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work reviews empirical evidence relating to five major categories of accidents; automobile accidents; medical malpractice; product related accidents; environmental injuries; and workplace injuries. The authors also offer recommendations for revisions in the tort system.
Download or read book Beyond Biomechanics written by Steve Sauter and published by CRC Press. This book was released on 2005-08-12 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is now widespread recognition that psychosocial factors play a key role in the aetiology, perpetuation, management and prevention of cumulative trauma disorders CTDs. This text addresses the strength, direction and importance of links between psychosocial factors and CTDs.; The book's contributors examine critically current research data, identify potential link mechanisms, and recommend measures for control and prevention. Topics covered include socio-organizational psychology, medical anthropology, occupational medicine, rehabilitation, orthopaedics, job stress and ergonomic interventions. The book aims to demystify the concept of the "psychosocial", so as to promote and assure effective prevention in the workplace.
Download or read book Simulating Workplace Safety Policy written by Thomas J. Kniesner and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: People want more from the government. One thing they want more of is a sense of personal safety, at home and at work (Regulation, Fall 1991). People also want the government to quit wasting money. The objective of having the government provide a safer life for us and our children at minimum cost leads logically to looking at policy within the system involving the private sector plus governments at the federal and sub federal levels. Using numerical simulations our book takes an integrated quantitative look at how the various institutions influencing workplace safety lead to the observed levels of illnesses and injuries among U.S. workers. Our innovation is piecing together the mosaic of interactions among workers, employers, state government, and the federal government that is numerically realistic in the sense of using economists' current knowl edge of quantitative connections. Our objective has been to write a Gray's Anatomy, if you will, of how the U.S. economic system, as tempered by government policy, jointly determines employment patterns, wages, and workplace safety levels.
Download or read book How To Regulate written by Thomas A. Lambert and published by Cambridge University Press. This book was released on 2017-08-18 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book teaches how to minimize the social welfare losses from the major market - and regulatory - failures.
Download or read book The Social Response to Environmental Risk written by Daniel W. Bromley and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have undertaken this volume in the belief that there is now sufficient research completed on environmental risk to justify a retrospective assessment of what is known. Our authors and our intended audience are eclectic indeed. Environ mental risk assessment receives increasing attention in the media today. The populace is practically assaulted with stories, with anecdotes, and with conflicting evidence. It is our hope that these chapters will provide the reader with a comprehensive glimpse of a fast-growing field in public policy. No complete survey of the literature would be possible or meaningful. We offer here instead the integrative thoughts of some of the most respected analysts in the field. We believe that the coverage is coherent, the perspectives are illuminating, and the individual "treatments deserving of careful study. We are grateful to Warren Samuels of Michigan State University who is editor of the Kluwer series on recent economic thought. We are also grateful to our Kluwer editor, Zach Rolnik. Both have been gracious in their toleration of unconscionable delays. IX The Social Response to Environmental Risk Policy Formulation in an Age of Uncertainty 1 ENTITLEMENTS AND PUBLIC POLICY IN ENVIRONMENTAL RISKS Daniel W. Bromley* [all rights] are conditional and derivative ... they are derived from the end or purpose of the society in which they exist. They are conditional on being used to the attainment of that end.
Download or read book The Economics of Occupational Safety and Health written by John Ruser and published by Now Publishers Inc. This book was released on 2010 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Occupational Safety and Health examines occupational risks that influence the safety decisions of a firm.
Download or read book Economic Analysis of Tort and Products Liability Law written by Jenny Bourne Wahl and published by Taylor & Francis. This book was released on 1998 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book The Economics of Public Spending written by David Miles and published by OUP Oxford. This book was released on 2003-03-20 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Public Spending investigates the extent of government involvement in the economy, details its rational, and traces its historical record. The book unites articles previously published in Fiscal Studies, each one addressing a different area of expenditure and written by an economist specializing in that field. They describe both the data on public expenditure and the theory relevant to understanding the policy issues. A new introduction investigates the overall role of the public sector and discusses the general theory of public expenditure. In providing a detailed analysis of public expenditure, the book makes an important contribution to the economics literature. There are no other texts with this breadth of coverage or depth of analysis. Insights are provided into both the policy issues, cross-country comparisons of expenditure, and alternative approaches to economic analysis. The chapters apply the tools of orthodox public finance, public choice, modern public economics, and game theory to reach a range of policy proposals and conclusions. These demonstrate the range and potential of economic analysis when applied to these important issues.
Download or read book Government Regulation of the Employment Relationship written by Bruce E. Kaufman and published by Cornell University Press. This book was released on 1997 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since the emergence of industrial relations as a field in the late 1920s, three different approaches to labor problems have been focal points for research and debate, according to Bruce E. Kaufman. What he refers to as "employers" solutions involve personnel management; workers rely on unionism and collective bargaining; and the third component, the community, depends on government regulation in the form of protective labor legislation and social insurance programs. Kaufman contends that government regulation has contributed significantly to the remarkable progress made during the twentieth century in achieving a more productive and humane workplace. As labor problems have changed, debate about the efficacy of government regulation has continued. In this volume, some of the most distinguished scholars in industrial relations frame the current issues, develop theoretical insights, and provide an objective review of the empirical evidence.
Download or read book Moving to Markets in Environmental Regulation written by Jody Freeman and published by Oxford University Press. This book was released on 2006-11-30 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, market-based incentives have become the regulatory tool of choice when trying to solve difficult environmental problems. Evidence of their dominance can be seen in recent proposals for addressing global warming (through an emissions trading scheme in the Kyoto Protocol) and for amending the Clean Air Act (to add a new emissions trading systems for smog precursors and mercury--the Bush administration's "Clear Skies" program). They are widely viewed as more efficient than traditional command and control regulation. This collection of essays takes a critical look at this question, and evaluates whether the promises of market-based regulation have been fulfilled. Contributors put forth the ideas that few regulatory instruments are actually purely market-based, or purely prescriptive, and that both approaches can be systematically undermined by insufficiently careful design and by failures of monitoring and enforcement. All in all, the essays recommend future research that no longer pits one kind of approach against the other, but instead examines their interaction and compatibility. This book should appeal to academics in environmental economics and law, along with policymakers in government agencies and advocates in non-governmental organizations.
Download or read book Reforming Private Health Insurance written by Mark A. Hall and published by American Enterprise Institute. This book was released on 1994 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1987 and 1991, the portion of Americans covered by individually purchased health insurance dropped 40per cent. Assuming the US will continue to rely on private financing for health care, the author clarifies benefits to society from an efficient health insurance market.
Download or read book Medical Malpractice on Trial written by Paul C. Weiler and published by Harvard University Press. This book was released on 1991 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medical malpractice has been at the center of recurring tort crises for the last quarter-century. In 1960, expenditures on medical liability insurance in the United States amounted to about $60 million. In 1988, the figure topped $7 billion. Physicians have responded not simply with expensive methods of "defensive medicine" but also with successful pressure upon state legislatures to cut back on the tort rights of seriously injured patients. Various reforms have been proposed to deal with the successive crises, but so far none have proved to be effective and fair. In this landmark book, Paul Weiler argues for a two-part approach to the medical malpractice crisis. First, he proposes a thorough revision of the current tort liability regime, which would concentrate available resources on meeting actual financial losses of seriously injured victims. It would also shift the focus of tort liability from the individual doctor to the hospital or other health care organization. This would elicit more effective quality assurance programs from the institutions that are in the best position to reduce our current unacceptable rate of physician-induced injuries. But in states such as New York, Florida, and Illinois, where the current situation seems to have gone beyond the help of even drastic tort reform, the preferred solution is a no-fault system. Weiler shows how such a system would provide more equitable compensation, more effective prevention, and more economical administration than any practical alternative.
Download or read book Pricing Lives written by W. Kip Viscusi and published by Princeton University Press. This book was released on 2020-10-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: How society’s undervaluing of life puts all of us at risk—and the groundbreaking economic measure that can fix it Like it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL—and persuasively shows how its more widespread use could create a safer and more equitable society for everyone. In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requiring businesses to label hazardous chemicals immensely outweighed the costs. VSL is the risk-reward trade-off that people make about their health when considering risky job choices. With it, Viscusi calculated how much more money workers would demand to take on hazardous jobs, boosting calculated benefits by an order of magnitude. His current estimate of the value of a statistical life is $10 million. In this book, Viscusi provides a comprehensive look at all aspects of economic and policy efforts to price lives, including controversial topics such as whether older people's lives are worth less and richer people's lives are worth more. He explains why corporations need to abandon the misguided cost-of-death approach, how the courts can profit from increased application of VSL in assessing liability and setting damages, and how other countries consistently undervalue risks to life. Pricing Lives proposes sensible economic guideposts to foster more protective policies and greater levels of safety in the United States and throughout the world.
Download or read book The Future of Risk Management written by Howard Kunreuther and published by University of Pennsylvania Press. This book was released on 2019-07-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether man-made or naturally occurring, large-scale disasters can cause fatalities and injuries, devastate property and communities, savage the environment, impose significant financial burdens on individuals and firms, and test political leadership. Moreover, global challenges such as climate change and terrorism reveal the interdependent and interconnected nature of our current moment: what occurs in one nation or geographical region is likely to have effects across the globe. Our information age creates new and more integrated forms of communication that incur risks that are difficult to evaluate, let alone anticipate. All of this makes clear that innovative approaches to assessing and managing risk are urgently required. When catastrophic risk management was in its inception thirty years ago, scientists and engineers would provide estimates of the probability of specific types of accidents and their potential consequences. Economists would then propose risk management policies based on those experts' estimates with little thought as to how this data would be used by interested parties. Today, however, the disciplines of finance, geography, history, insurance, marketing, political science, sociology, and the decision sciences combine scientific knowledge on risk assessment with a better appreciation for the importance of improving individual and collective decision-making processes. The essays in this volume highlight past research, recent discoveries, and open questions written by leading thinkers in risk management and behavioral sciences. The Future of Risk Management provides scholars, businesses, civil servants, and the concerned public tools for making more informed decisions and developing long-term strategies for reducing future losses from potentially catastrophic events. Contributors: Mona Ahmadiani, Joshua D. Baker, W. J. Wouter Botzen, Cary Coglianese, Gregory Colson, Jeffrey Czajkowski, Nate Dieckmann, Robin Dillon, Baruch Fischhoff, Jeffrey A. Friedman, Robin Gregory, Robert W. Klein, Carolyn Kousky, Howard Kunreuther, Craig E. Landry, Barbara Mellers, Robert J. Meyer, Erwann Michel-Kerjan, Robert Muir-Wood, Mark Pauly, Lisa Robinson, Adam Rose, Paul J. H. Schoemaker, Paul Slovic, Phil Tetlock, Daniel Västfjäll, W. Kip Viscusi, Elke U. Weber, Richard Zeckhauser.
Download or read book Global Environmental Economics written by Mohammed H. I. Dore and published by John Wiley & Sons. This book was released on 1998-12-29 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work also illustrates that new developments in social choice theory offer a better foundation than traditional welfare economics.
