Best-estimate probability distributions: Best estimated changes of things happening. Common Pool Resources: The expression “common pool resource” refers to things in the environment that are shared by a group of people (sometimes a whole population), and where no one is the exclusive owner of that thing. The air we breathe is a good example of… read more
Elke Weber, Eric Johnson, Rick Larrick, Christoph Ungemach, Adrian Camilleri This project examines the effects of the Environmental Protection Agency’s (EPA) fuel economy vehicle labels as well as similar labels introduced by other agencies to communicate important consumer information. In May 2011, the EPA and National Highway Traffic Safety Administration (NHTSA) announced new window stickers… read more