Joint and Several Liability and the Brownfields Problem
Event Details
Presenters
Hillary Sigman, Rutgers University
Abstract
Previous literature has identified several reasons that environmental liability may discourage efficient redevelopment of potentially contaminated land (“brownfields”), despite land price adjustments. I will discuss the potential role of another factor --- reliance on joint and several liability --- and an attempt to measure empirically the implicit tax on development created by this liability.
Date
Thursday, May 24, 2012
12:00 - 1:30 p.m. Lunch will be provided. Location
7th Floor Conference Room
1616 P St. NW
Washington, DC 20036 All seminars will be in the 7th Floor Conference Room at RFF, 1616 P Street NW. Attendance is open, but involves pre-registration no later than two days prior to the event. For questions and to register to an event, please contact Khadija Hill at [email protected] (tel. 202-328-5174). Updates to our academic seminars schedule will be posted at www.rff.org/academicseminarseries.
Participants
Hilary Sigman
