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Days of haze: Environmental information disclosure and intertemporal avoidance behavior

Joshua Graff Zivin and Matthew Neidell

Journal of Environmental Economics and Management, 2009, vol. 58, issue 2, 119-128

Abstract: In this paper, we investigate the dynamics of informational regulatory approaches by analyzing the impact of smog alerts issued on consecutive days on discretionary outdoor activities in Southern California. Short-run adjustments t o transitory risk entail costs that are likely to influence the set of evasive actions pursued by those at risk. Our results confirm that the cost of intertemporally substituting activities is increasing over time: when alerts are issued on 2 successive days, any response on the first day has largely disappeared by the second day. Small reprieves from alerts, however, reset these costs.

Keywords: Avoidance; behavior; Information; Ozone; Air; quality (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (127)

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Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates

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