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Publications

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  • June 2010 (Revised February 2013)
  • Background Note

The Precautionary Principle

By: Michael W. Toffel and Nazli Z. Uludere Aragon
This note describes the precautionary principle and its key tenets, highlights challenges associated with its use, and includes many examples of its application, primarily within the realm of regulating activities based on the risk of harm to human health and the... View Details
Keywords: Governing Rules, Regulations, and Reforms; Policy; Health Disorders; Business and Government Relations; Safety; Natural Environment; Pollutants; Agriculture and Agribusiness Industry; Chemical Industry; Pharmaceutical Industry
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  • November 29, 2005
  • Comment

Transparency Needed in Berkeley Lab Nanotechnology

By: Michael W. Toffel
Argues that the Lawrence Berkeley National Laboratory should be significantly more transparent about the health and environmental issues associated with its new nanotechnology facility. View Details
Keywords: Disclosure; Transparency; Nanotechnology; Precautionary Principle; Corporate Disclosure
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  • 03 Feb 2015
  • First Look

First Look: February 3

became clear that the limitations of our conceptualizations of the familiarity-attraction link, as well as the limitations of prior research, were masking a set of higher order principles capable of integrating these diverse... View Details
Keywords: Sean Silverthorne
  • 03 Aug 2010
  • First Look

First Look: August 3

instability, and a global economic slowdown? Purchase this case:http://cb.hbsp.harvard.edu/cb/product/710046-PDF-ENG The Precautionary Principle Michael W. Toffel and Nazli Z. Uludere AragonHarvard Business... View Details
Keywords: Martha Lagace
  • 06 Dec 2016
  • First Look

December 6, 2016

discuss intuition regarding which product categories likely lead to positive vs. negative values of concealment. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=49531 Precautionary Savings in Stocks and Bonds By:... View Details
Keywords: Sean Silverthorne
  • 24 Jun 2014
  • First Look

First Look: June 24

decreases participants' short-term debt by about 20%. In addition, participants who experience an economic shock have less need to reduce consumption, and subjective well-being improves significantly. Precautionary savings and credit... View Details
Keywords: Sean Silverthorne
  • 16 Jul 2013
  • First Look

First Look: July 16

need to reduce consumption and subjective well-being improves significantly. Precautionary savings and credit therefore act as substitutes in providing self-insurance, and participants prefer saving more when given the choice. Take-up... View Details
Keywords: Anna Secino