๐”– Bobbio Scriptorium
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The biology-policy interface: Theories of pathogenesis, benefit valuation and public policy formation

โœ Scribed by Peter N. Nemetz; Aidan R. Vining


Publisher
Springer US
Year
1981
Tongue
English
Weight
883 KB
Volume
13
Category
Article
ISSN
0032-2687

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โœฆ Synopsis


This paper reviews some of the basic concepts of cost and risk-benefit analysis in the context of toxic chemical regulation and discusses several critical complexities inherent in the practical application of this methodology. The broad qualitative use of risk-benefit analysis can be an important aid to the decisionmaking process. It is concluded, however, that the full-scale incorporation of a rigorous form of risk-benefit analysis into the regulatory process is inappropriate at this time and could have significant and unintended consequences.

* The authors wish to express their gratitude to their colleagues, Professors Norm Carruthers, Denton Marks and Dean Uyeno, and an anonymous referee for their instructive comments on an earlier draft of this paper.


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