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NBER Working Papers and Publications
|July 2010||Do Citizens Want the Truth about Terrorist Threats Regardless of the Consequences?|
with V. Kerry Smith, H. Allen Klaiber: w16232
This paper proposes the use of consumers' preferences in formulating policies for keeping secret information about terrorist activities and threats that might compromise future security. We report the results from two surveys indicating that people have clear preferences for full disclosure of some terrorist related information regardless of its consequences for specific industries or future threats. This result is especially clear for threats involving commercial airlines. For those threats associated with more general surveillance or threats to the financial system respondents were more willing to allow government authorities to withhold information.
Published: Smith, V.K., Mansfield, C., & Klaiber, A. (2013). Terrorist threats, information disclosures, and consumer sovereignty. I/S: A Journal of Law and Policy for the Information Society, 25 (4):225-234.
|September 2008||Valuing a Homeland Security Policy: Countermeasures for the Threats from Shoulder Mounted Missiles|
with V. Kerry Smith, Laurel Clayton: w14325
This paper reports estimates for the ex ante tradeoffs for three specific homeland security policies that all address a terrorist attack on commercial aircraft with shoulder mounted missiles. Our analysis focuses on the willingness to pay for anti-missile laser jamming countermeasures mounted on commercial aircraft compared with two other policies as well as the prospect of remaining with the status quo. Our findings are based a stated preference conjoint survey conducted in 2006 and administered to a sample from Knowledge Networks' national internet panel. The estimates range from $100 to $220 annually per household. Von Winterfeldt and O'Sullivan's  analysis of the same laser jamming plan suggests that the countermeasures would be preferred if economic losses are above $74 billio...
Published: V. Smith & Carol Mansfield & Laurel Clayton, 2009. "Valuing a homeland security policy: Countermeasures for the threats from shoulder mounted missiles," Journal of Risk and Uncertainty, Springer, vol. 38(3), pages 215-243, June. citation courtesy of
|August 2008||Public or Private Production of Food Safety: What Do U.S. Consumers Want?|
with V. Kerry Smith, Aaron Strong: w14287
This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished based on whether they address the ex ante risk of food borne illness or the ex post effects of the illness. They are also distinguished based on whether they focus on a public good -- reducing risk of illness for all consumers or allowing individual households to reduce their private risks of contracting a food borne pathogen. Based on a National Survey conducted in 2007 using the Knowledge Network internet panel our findings indicate consumers favor ex ante risk reductions and are willing to pay approximately $250 annually to reduce the risk of food borne illness. Moreover, they prefer private to public approaches and would not support efforts to reduce the severity of case...