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Moretti, Enrico; Neidell, Matthew – Journal of Human Resources, 2011
A pervasive problem in estimating the costs of pollution is that optimizing individuals may compensate for increases in pollution by reducing their exposure, resulting in estimates that understate the full welfare costs. To account for this issue, measurement error, and environmental confounding, we estimate the health effects of ozone using daily…
Descriptors: Pollution, Costs, Evidence, Environmental Standards