ANNUAL MEETING OF THE SOCIETY FOR ENVIRONMENTAL LAW AND ECONOMICSIU MAURER SCHOOL OF LAW, BLOOMINGTON, IN

JUNE 1-2, 2012

Friday, June 1, 2012

8:45 am. Welcome to the Conference by Professor Cole

Panel 1: 9:00 am to 10:00 am: Benefit-Cost Analysis and Regulatory Review IJonathan Masur (Chicago) and Eric Posner (Chicago), “Regulation, Unemployment, and Cost- Benefit Analysis”Richard Zerbe (Washington), “Environmental Benefit-Cost Analysis without Fear”

Break: 10:00am to 10:15am

Panel II: 10:15 am to 11:15 am: Reglatory Instruments and Instrument Choice IAndries Nentjes (Groningen) and Edwin Woerdman (Groningen), “Tradable Permits v. Tradable Credits: A Survey and Analysis”Tracey Roberts (Louisville), “The Rise of Rule Four Institutions: Voluntary Standards, Certification, and Labeling Systems”

Break: 11:15 am to 11:30 am

Panel III: 11:30 am to 12:30 pm: Politics and the Political Economy of Environmental RegulationHoward Chang (Penn), Hillary Sigman (Rutgers), and Leah Traub (Rutgers), “Endogenous Decentralization in Federal Environmental Policies”Cherie Metcalf (Queens), “Property Rights and Attitudes toward Environmental Regulation: An Empirical Investigation

Lunch and informal business meeting: 12:30 pm to 1:30 pm.

Panel IV: 1:30 pm to 2:30 pm: Climate and Energy PolicyDavid Adelman (Texas), “The Collective Origins of Toxic Air Pollution: Implications for Greenhouse Gas Trading and Toxic Hotspot”Jay Kesan (Illinois), Timothy A. Slating (Illinois), and Hsiao-shan Yang (Illinois), “Mandatory Demand as a Policy Instrument: The Case of the Renewable Fuel Standard (RFS) Biofuel Program” Break: 2:30 pm to 2:45 pm

Panel V: 2:45 pm to 3:45 pm: Benefit-Cost Analysis and Regulatory Review IITimo Goeschl (Heidelberg), Daniel Heyen (Heidelberg), and Boris Wiesenfarth (Heidelberg),

“Ambiguity and Information Acquisition: Why the Precautionary Principle May Keep Us Uninformed”

Jonathan Wiener (Duke), “The Diffusion of Regulatory Oversight”

Break: 3:45 pm to 4:00 pm

Panel VI: 4:00 pm to 5:00 pm: Risk and Risk AssessmentArden Rowell (Illinois), “Allocating Pollution” Jan Laitos (Denver), “Cyanide Use for Hard-rock Mining Operations: A Qualitative Risk Assessment Analysis”

Cocktails and Dinner: 6:30 pm to 8:30 pm, Uptown Café, 102 E. Kirkwood (corner of Walnut)

Saturday, June 2, 2012

Panel VII: 9:00 am to 10:00 am: Climate and Energy Policy IIJinshan Zhu (Cornell), “Five Design Problems of the Kyoto Protocol”Josephien van Zeben (Amsterdam), “Competence Allocation and Regulatory Functioning: A Case Study of the EU ETS”

Break: 10:00 am to 10:15 am

Panel VIII: 10:15 am to 11:15 am: Natural ResourcesMichael Livermore (NYU), “Patience is A(n Economic) Virtue: Offshore Oil Exploitation and

Option Value”Jonathan Nash (Emory), “Environmental Regulation through the Looking Glass: The Curious Political Economy of Conservation Easements and Tradable Degradation Permits”

Break: 11:15 am to 11:30 am

Panel IX: 11:30 am to 12:30 pm: Politics and the Political Economy of Environmental Regulation IIShi-Ling Hsu (UBC), “The Role of Capital in Impeding Environmental Policy Reform”Lucija Muehlenbachs (RFF), Elizabeth Newcomb Sinha (Maryland), and Nitish Ranjan Sinha (Illinois-Chicago), “Strategic Release of News at EPA” Lunch and special presentation by Elinor Ostrom: 12:30 pm to 1:30 pm

Panel X: 1:30 pm to 2:30 pm: Regulatory Instruments and Instrument Choice IIAlan Loeb, “The Adolescence of Emissions Trading: A Regulatory Innovation Comes of Age in the Lead Credit Market”Karen Bradshaw (NYU), “The New Governance and Industry Culture”

Break: 2:30 pm to 2:45 pm

Panel XI: 2:45 pm to 3:45 pm: Benefit-Cost Analysis and Regulatory Review IIIOren Perez (Bar-Ilan), “Courage, Regulatory Responsibility and the Challenge of Higher-Order Reflexivity.”Kerry Krutilla (IU) and Alex Alexeev (IU), “Environmental Benefit-Cost Analysis with Political Transaction Costs”