Profile image
By Environmental and Urban Economics (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

President Trump's Policy Shifts Offers a Test of Moral Hazard Theory

Friday, March 17, 2017 13:45
% of readers think this story is Fact. Add your two cents.

(Before It's News)

This Houston Chronicle piece is worth reading.   The new Trump Administration budget calls for eliminating funding for the U.S Chemical Safety Board.   This agency investigates chemical spills.  In the absence of such an entity (and thus a weakened deterrence effect), will polluters take less care and devote less effort to reduce spill risk? If this occurs, will there be more chemical spills? Who will bear the brunt of this damage?   Future environmental economists have a nice “natural experiment” here (provided by the Trump Administration) for measuring the benefits of safety regulation.   A nice event study design will be used by these researchers. Canada could be used as the control group because their regulation has not changed.


Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.