The Limitations of Legal Institutions For Addressing Environmental Risks

Bibliographic Data

ID4029430
AuthorsPeter S Menell (University of California, Berkeley, corresponding author)
Year1991
Volume5
Issue3
Pages93-113
Publication date1991-08-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.5.3.93
OpenAlexW3121886949
LanguageEN
Citations received9
References cited27

This article assesses the major systems of environmental liability in the United States-the toxic tort system and Superfund. The discussion of each of these areas first lays out the scientific background of the environmental problems and the applicable regulatory regime. It then analyzes the efficacy of these regimes for addressing environmental problems and suggests alternative institutional designs for better promoting the goals of equitable and cost-effective compensation of disease victims and efficient deterrence and remediation of environmental degradation

Business · Deterrence theory · Economics · Environmental degradation · Environmental justice · Environmental law · Environmental planning · Hazardous waste · Liability · Political science · Public economics · Superfund · Engineering · Environmental law and policy · Environmental Science · Law · Wildlife Conservation and Criminology Analyses · Finance

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