The Economics of Testing Potential Environmental Hazards

M Forsyth
Authors registered in the RePEc Author Service: Margaret Insley

Working Papers from University of Guelph, Department of Economics and Finance

Abstract: A problem of sequential decision making under uncertainty involving the testing and regulating of a potentially hazardous substance is analyzed using the Variable Sample Probability Ratio Test.

Keywords: STATISTICS; DECISION MAKING (search for similar items in EconPapers)
JEL-codes: C19 D81 (search for similar items in EconPapers)
Pages: 36 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:gue:guelph:1996-5

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