Transcript Who Is More Straight?

Who Is More Strict?
U.S.
Alar
Cyclamates
Lead
Automobile pollution
Ozone depletion
Drug approval
E.U.
Meat & milk hormones
Antibiotics in animal feed
Climate change
Genetically modified food
Cosmetic safety
Heavy metals in electronics
The Politics of Regulation
Benefits
Concentrated
Concentrated
Dispersed
Interest Group
Politics
Entrepreneurial
Politics
Costs
Dispersed
Client politics
Majoritarian Politics
The Precautionary Principle
It is appropriate to adopt more stringent
regulations when potentially dangerous effects
from a phenomenon, product or process have
been identified, and… scientific evaluation does
not allow the risk to be determined with sufficient
certainty [because] of the insufficiency of the data
or their inconclusive or imprecise nature.
Policy Errors
• Type I – False Positive
• A regulation that is unnecessarily strict
• Type II – False Negative
• A regulation that is too weak