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Regulating ambiguous risks : the less than rational regulation of pharmaceuticals

Viscusi, W. Kip; Zeckhauser, Richard - 2014

Persistent link: https://www.econbiz.de/10010251098

Regulating Ambiguous Risks : The Less than Rational Regulation of Pharmaceuticals

Viscusi, W. Kip; Zeckhauser, Richard J. - 2015

The U.S. Food and Drug Administration (FDA) balances risks and benefits before approving pharmaceuticals, as rationality would require. But powerful behavioral biases that lead to the mishandling of uncertainty also influence its approval process. The FDA places inordinate emphasis on errors of...

Persistent link: https://www.econbiz.de/10014148944

Consumer's guide to regulatory impact analysis : ten tips for being an informed policymaker

Dudley, Susan E.; Belzer, Richard Burton; Blomquist, … - In: Journal of benefit-cost analysis : JBCA 8 (2017) 2, pp. 187-204

Persistent link: https://www.econbiz.de/10011761665

Chapter 9 Regulation of Health, Safety, and Environmental Risks

Viscusi, W. Kip - In: Handbook of law and economics : volume 1, (pp. 591-645). 2007

regulation. Guided by restrictive legislative mandates, regulatory policies often strike a quite different balance with an … policy efforts. Inadequate regulatory enforcement and behavioral responses to regulation may limit their effectiveness, while …

Persistent link: https://www.econbiz.de/10014023507

Policy Challenges of the Heterogeneity of the Value of Statistical Life

Viscusi, W. Kip - In: Foundations and Trends(R) in Microeconomics 6 (2011) 2, pp. 99-172

Economic research has developed estimates of the heterogeneity of the value of statistical life (VSL) on dimensions such as individual age, income, immigrant status, and the nature of the risk exposure. This paper examines the empirical evidence on the heterogeneity of VSL and explores the...

Persistent link: https://www.econbiz.de/10010693742

Informational Approaches to Regulation

Magat, Wesley A.; Viscusi, W. Kip - The MIT Press

potentially hazardous goods is preferable to direct regulation of product content, implementation of information regulation raises …

Persistent link: https://www.econbiz.de/10004973104

Economics of Regulation and Antitrust, 4th Edition

Viscusi, W. Kip; Harrington, Joseph E.; Vernon, John M. - The MIT Press

Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the … cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates … an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now …

Persistent link: https://www.econbiz.de/10004973208

Regulation of Health, Safety, and Environmental Risks

Viscusi, W. Kip - In: Handbook of Law and Economics

Persistent link: https://www.econbiz.de/10005279645

Regulating consumer product safety

Viscusi, W. Kip - 1984

Persistent link: https://www.econbiz.de/10000056343

Reforming OSHA regulation of workplace risks

Viscusi, W. Kip - In: Regulatory reform : what actually happened, (pp. 234-268). 1986

Persistent link: https://www.econbiz.de/10001272398