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Consumer Safety Regulation : Putting a Price on Life and Limb - Peter Asch

Consumer Safety Regulation

Putting a Price on Life and Limb

Hardcover

Published: 26th May 1988
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Advocates of consumer safety regulation, an active and controversial area of public policy in the United States, contend that markets do not adequately protect the interests of vulnerable consumers; market traditionalists respond that public agencies increasingly make risk/safety decisions that individual citizens ought to be making for themselves. This book, written by an economist, critically assesses the rationales for, and the effects of, our major consumer safety programs. Addressed to a general audience, and incorporating relevant literature on cognitive psychology as well as economics, the author argues that although legitimate reasons for public protection of consumers exist in some markets, the particular programs we adopt often produce results that fall far short of what their advocates desire, and at least occasionally yield perverse outcomes.

"Asch writes with a crispness and a flair that make the reading of his book both clear and satisfying...Truly a book for all people....Small, accessible, clear, important, and stimulating."--The Journal of Consumer Affairs "A most provocative and useful book."--Annals of the American Academy "[A] comprehensive, excellent, well-documented book."--Choice "An interesting and readable book for everyone who is involved in ecological issues."--Journal of Consumer Policy "Intellectually elegant and stimulating."--Times Literary Supplement "Asch writes with a crispness and a flair that make the reading of his book both clear and satisfying...Truly a book for all people....Small, accessible, clear, important, and stimulating."--The Journal of Consumer Affairs "A most provocative and useful book."--Annals of the American Academy "[A] comprehensive, excellent, well-documented book."--Choice "An interesting and readable book for everyone who is involved in ecological issues."--Journal of Consumer Policy "Intellectually elegant and stimulating."--Times Literary Supplement "An important book....Every serious library should possess multiple copies of this book. Only by such means are sufficient numbers of serious students likely to profit from it."--Government and Opposition "Provides a useful economic framework in which to address the public policy issues of consumer protection."--Harvard Law Review "A model of clarity...It provides an excellent overview of the consumer-protection field and would be useful both as an undergraduate text and as a reference for professional economists." --Small Business Economics 2

Prefacep. vii
Introduction and Backgroundp. 1
Consumer Safety: The Basic Issuesp. 3
Notesp. 13
The Institutional Setting: An Overview of Consumer Safety Policies in the United States and Great Britainp. 15
Notesp. 28
Why Public Protection?p. 31
Why Public Protection: Traditional Economic Argumentsp. 33
Notesp. 59
Why Public Protection: Nontraditional and Noneconomic"""" Arguments""""p. 63
Notesp. 84
The Analytics of Misperceptionp. 88
Notesp. 100
Regulatory Policiesp. 101
Policy Formulation in the Major Regulatory Agenciesp. 103
Notesp. 114
Policy Evaluations: The Evidencep. 116
Conclusionp. 141
Notesp. 142
Consumer Safety Regulation and Consumer Welfarep. 147
Bibliographyp. 151
Index of Casesp. 167
Indexp. 169
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780195049725
ISBN-10: 0195049721
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 182
Published: 26th May 1988
Publisher: Oxford University Press Inc
Country of Publication: US
Dimensions (cm): 23.7 x 15.8  x 1.6
Weight (kg): 0.42