Background
Viscusi, William G. Kip was born on October 3, 1949 in Trenton, New Jersey, United States. Son of William Edward and Evelyn (Martin) Viscusi.
( The safety of the work place is now a highly visible pu...)
The safety of the work place is now a highly visible public issue. Many are calling for tighter regulation to reduce worker risk, while others feel government intervention is ineffective and costly. Here Kip Viscusi explores how well markets for hazardous jobs actually work. According to classical economics, other things being equal, a worker will demand more pay for a hazardous job than a safe one. However, this assumes that job related hazards are known, when often they are not. Using recent advances in the economics of information, Viscusi develops a theory of individual responses to job hazards under conditions of uncertainty. His assumptions are that hazards are uncertain events and that learning about them is a process that takes place over time. He then employs this analysis to study the performance of job markets in matching persons and jobs and in compensating persons for exposure to hazards. Finally he tests his adaptive model of the decision to quit and finds substantial evidence that risks are indeed reflected in wage differentials and quit behavior.
http://www.amazon.com/gp/product/0674251768/?tag=2022091-20
(Analyzes the proper role of the government in the elimina...)
Analyzes the proper role of the government in the elimination of occupational health and safety hazards and evaluates the effectiveness of attempts to regulate industrial health risks.
http://www.amazon.com/gp/product/0674773020/?tag=2022091-20
(Ideally, it would be desirable if we could all adopt a hi...)
Ideally, it would be desirable if we could all adopt a high-minded commitment to a risk-free existence. Unfortunately, such an objective is beyond our reach--politicians who advocate higher taxes rarely get elected and economists who indicate that our resources are limited are often portrayed as purveyors of pessimism. Fatal Tradeoffs culminates and synthesizes the research of the government's expert on the value of life and risk regulation. This volume presents Viscusi's work in the social regulation of risk, this volume covers topics relating to the value and empirical estimates of life, the rationality of individual responses to risk, and the role of government policy. In addition to a careful selection of his writings, Fatal Tradeoffs includes a new survey of the value-of-life literature, a review of the 1980s regulatory reforms, and guidelines for risk policy. Balanced with case studies, the more technical articles have been opened to include policy ramifications, making the text accessible to professionals and academics alike.
http://www.amazon.com/gp/product/0195102932/?tag=2022091-20
Viscusi, William G. Kip was born on October 3, 1949 in Trenton, New Jersey, United States. Son of William Edward and Evelyn (Martin) Viscusi.
AB summa cum laude, Harvard University, 1971; Master in Public Policy, Harvard University, 1973; AM, Harvard University, 1974; Doctor of Philosophy, Harvard University, 1976.
Professor economics, Northwestern University, Evanston, Illinois, 1976-1980, 85-88;
deputy director, White House Council on Wage and Price Stability, Washington, 1979-1981;
professor economics, Duke U., Durham, North Carolina, 1981-1985;
John M. Olin professor economics, University of Chicago, 1985-1986;
George G. Allen professor economics, Duke U., Durham, North Carolina, 1988-1996;
John M. Olin professor of law and economics, Harvard Law School, 1995;
John F. Cogan Junior professor of law and economics, Harvard Law School, Cambridge, Massachusetts, since 1996. Research associate National Bureau Economics Research, since 1978, National Common for EmploymentPolicy, 1981. Member Environmental Protection Agency Science Advisory Board, since 1986, economics board, since 1992, Clean Air Act, since 1992, National Academy Science Panel, 1978-1979.
Consultant United States General Accounting Office, 1981-1985, Department Justice, 1986-1987, 89-91, United States Office Mgmt.and Budget, 1983. Associate reporter American Law Institute, 1986-1991. Adjunct fellow in civil justice manhattan Institute, since 1987.
Inaugural speaker Geneva Risk Economics Lecturers, Geneva Association Risk and Insurance, 1989. John R. Commons lecturer University of Wisconsin, 1990. Ayne Ryde lecturer Lund U., Sweden.
(Analyzes the proper role of the government in the elimina...)
(Ideally, it would be desirable if we could all adopt a hi...)
( The safety of the work place is now a highly visible pu...)
(Examines how people use label information on hazardous pr...)
Member American Economics Association, Econometric Society, Association Environmental and Resource Economists, Association for Public Policy Analysis and Management, Southern Economics Association We. Economics Association, Managerials and Decision Economics.
Married Catherine Makdisi, Sep. 26, 1972; children: Kira Margaret, Michael Kip.