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Environmental disasters as risk regulation catalysts? The role of Bhopal, Chernobyl, Exxon Valdez, Love Canal, and Three Mile Island in shaping U.S. environmental law

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Author Info
Matthew Kahn ()

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Abstract

Unexpected events such as environmental catastrophes capture wide public attention. Soon after five major shocks—Three Mile Island, Love Canal, Bhopal, Chernobyl, and the Exxon Valdez oil spill—Congress voted on new risk regulation. This paper conducts an event study to test whether individual congressional representatives were “shocked” by these environmental disasters into increasing their probability of voting in favor of risk legislation. On average, representatives were less likely to vote in favor of bills tied to these five events. Significant heterogeneity in representatives’ responses to these shocks is documented. Liberal Northeast representatives were most likely to increase their pro-environment voting in the aftermath of these shocks. Copyright Springer Science+Business Media, LLC 2007

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File URL: http://hdl.handle.net/10.1007/s11166-007-9016-7
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Publisher Info
Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 35 (2007)
Issue (Month): 1 (August)
Pages: 17-43
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Handle: RePEc:kap:jrisku:v:35:y:2007:i:1:p:17-43

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Web page: http://www.springerlink.com/link.asp?id=100299

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Related research
Keywords: Risk; Regulation; Disasters; Voting; D62; I18; L51;

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  2. Hird, John A, 1993. " Congressional Voting on Superfund: Self-Interest or Ideology?," Public Choice, Springer, vol. 77(2), pages 333-57, October.
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  8. Matthew Rabin, 2002. "Inference By Believers In The Law Of Small Numbers," The Quarterly Journal of Economics, MIT Press, vol. 117(3), pages 775-816, August. [Downloadable!] (restricted)
  9. Krupnikov, Yanna & Levine, Adam S. & Lupia, Arthur & Prior, Markus, 2006. "Public Ignorance and Estate Tax Repeal: The Effect of Partisan Differences and Survey Incentives," MPRA Paper 346, University Library of Munich, Germany. [Downloadable!]
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  13. Noll, Roger G & Krier, James E, 1990. "Some Implications of Cognitive Psychology for Risk Regulation," Journal of Legal Studies, University of Chicago Press, vol. 19(2), pages 747-79, June.
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  14. Grossman, Gene M & Krueger, Alan B, 1995. "Economic Growth and the Environment," The Quarterly Journal of Economics, MIT Press, vol. 110(2), pages 353-77, May. [Downloadable!] (restricted)
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