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The Economics of Testing Potential Environmental Hazards

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Author Info
Forsyth, M

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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.

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Publisher Info
Paper provided by University of Guelph, Department of Economics in its series Working Papers with number 1996-5.

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Length: 36 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:gue:guelph:1996-5

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Postal: Guelph, Ontario, N1G 2W1
Phone: (519) 824-4120 ext. 53898
Fax: (519) 763-8497
Web page: http://www.economics.uoguelph.ca/index.htm
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Related research
Keywords: STATISTICS DECISION MAKING

Find related papers by JEL classification:
C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Other
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

Statistics
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This page was last updated on 2008-10-9.

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