First published in 1990. In this study, the author suggests ways that policy-makers can think about environmental policy choice that responds to the importance of uncertainty and delay. Hammitt describes several tools for environmental policy analysis and illustrates their application to important policy issues.

In the first part of the book, dealing with stratospheric-ozone depletion, the author describes techniques for accommodating outcome uncertainties. The second part of the study considers the health risks associated with pesticide residues on food. The final section addresses the issue of potential global climate change, and describes how the tools explored can be applied to this new challenge.

This book should be of greatest interest to academic, government, and industry analysts and others concerned with improving methods for environmental-policy making.

part I|112 pages

Outcome Uncertainty: Stratospheric Ozone Depletion

chapter 2|12 pages

The Policy Problem

part A|40 pages

Characterizing Uncertainty about Outcomes

chapter 3|10 pages

Probability-Based Scenarios

chapter 4|6 pages

The Distribution of the Score Function

chapter 6|10 pages

Production and Emission Scenarios

chapter 7|4 pages


part B|76 pages

Decision making under Diminishing Uncertainty

chapter 9|20 pages

The Decision Framework

chapter 10|26 pages

Results and Sensitivity Analysis

chapter 11|6 pages


part II|76 pages

Value Uncertainty: Food-Borne Risk

chapter 12|8 pages

Valuing Health Risks

chapter 13|18 pages

Choosing among Potentially Hazardous Foods

chapter 15|20 pages

Avoided Risk

chapter 16|14 pages

Willingness to Pay for Risk Reductions

chapter 17|2 pages


part III|31 pages

Extensions: Global Climate Change