Economics, Science and Law
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Analyzing Superfund by Richard L. Revesz
Book DescriptionSuperfund is roundly criticized as being wasteful and inefficient, excessively stringent and expensive, and plagued by high transaction costs, serious administrative deficiencies and long delays. Despite these criticisms, Superfund has been the subject of little dispassionate study. This book brings together theoretical and empirical work from the research community on four issues central to the evaluation of Superfund: cleanup standards; the liability regime; transaction costs; and natural resource damages. Three empirical studies examine the US Environmental Protection Agency's cleanup decisions, paying particular regard to the role of benefit-cost considerations. Liability issues are assessed in two chapters, one a theoretical analysis of the relative merits of joint-and-several liability as compared with nonjoint liability, the other an examination of the likely financial impact of three alternative liability schemes upon various sectors of the national economy.
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Book DetailsISBN: 9780915707751
(229mm x 152mm x 28mm)
Imprint: Resources for the Future Press (RFF Press)
Publisher: Taylor & Francis Inc
Publish Date: 1-May-1995
Country of Publication: United States
Books By Author Richard L. Revesz
Struggling for Air, Hardback (January 2016)
Struggling for Air offers the most comprehensive analysis to date of the Obama administration policies that have become known as the "war on coal." Unconventionally, the authors trace the origins of this "war" to a fateful decision made by Congress almost half a century ago, when it passed the Clean Air Act of 1970.
Globalization of Cost-Benefit Analysis in Environmental Policy, Hardback (February 2013)View all books by Richard L. Revesz
This book argues in favor of using cost-benefit analysis globally and examines the positive impact it can have in developing countries using relevant case studies. The book discusses the potential for cost-benefit analysis to provoke a global shift toward stronger and more effective economic policies.
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